María Alicia has her own business, which is a grocery store. She started by selling fruits and vegetables and then started raising chickens. She started with her own capital and established a grocery store, which she has had for two years. The objective of this loan is to buy basic grains, meats, chickens, candy, detergents, toilet paper, and soups. María’s dream is to turn her grocery store into a distributor.
María Alicia tiene su negocio que es una pulpería, inicio vendiendo frutas y verduras luego con la crianza de pollo inicio su propio capital y estableció su pulpería que tiene dos años de tenerla. El objetivo del préstamo es para la compra de granos básicos, carnes, pollos, golosinas, detergentes, papel higiénicos y sopas. María sueña con lograr convertir su pulpería en una distribuidora.
Fundación Leon 2000
This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).