Jaime José is 47 years old. He is an entrepreneurial man and his business is running a bakery. He has owned his bakery for more than 15 years. The business is entirely a family business as it was his family who taught him this way of life so that he would have a source of income with which to support his own family. Jaime has four children, only two of whom are in his care, and he teaches them to earn their daily bread. Jaime will use the loan that he has requested to buy flour, eggs, butter, milk, cheese, pineapple and other products.
Jaime José es un hombre emprendedor de 47 años, su actividad es una panadería. Tiene más de 15 años de poseerla, el negocio es completamente familiar ya que era su familia quien les había enseñado este medio de vida para que el obtuviera un medio de ingreso para mantener a su familia. Jaime tiene 4 hijos de los cuales solamente 2 están bajo su cargo y les enseña a ganarse el pan de cada día. El crédito que solicita es para la compra de harina, huevos, mantequilla, leche, queso, piña, entre otros productos.
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).