Fe Y Esperanza Group
Gloria Isabel is the coordinator of the bank. She is in charge of ensuring the responsibility and unity of all of the members of the communal bank. Her business activity is a grocery store.
The loan that she is now requesting is to buy daily consumption products like rice, beans, sugar, cooking oil, eggs, “tiste” [a drink made from either rice or corn with cocoa], bread, milk, and matches, among others.
Fundación Leon 2000This 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).
This is a Group Loan
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Success!! The loan was 100% repaid