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Jessica Lynn
This enterprising woman is Jessica Lynn P. Juárez; she is 30 year old, single, and has one child, a 12 year old boy who is in his first year of high school. One of her goals is to give her child a better future with respect to his education. Another of her goals is to keep both of her businesses: a grocery store she runs from her home and a kiosk located at the entrance of the University of León. She manages both businesses and thanks to these she has made improvements to their housing so that in the future she will be able to provide a worthy home for herself as well as for her son.

She has owned the business for 5 years, and works selling soft drinks and beer. She began by using her intuition and experimented with which products would best sell outside her home and generate income for her family, starting with a few products, such as candies, cookies, and soft drinks. Her customers gave her positive feedback and this is how she has decided that she must ask for working capital to invest in more products which she must source from companies such as Coca-Cola and others so that young Jessica can offer a variety of products to her clients. She appreciates working with Fundación León 2000 and its partner organizations so that she can carry out her plans.

Esta emprendedora mujer de nombre Jessica Lynn P. Juárez tiene la edad de 30 años, su estado civil es soltera, ella tiene 1 hijo varón de la edad de 12 años que cursa recientemente el primer año de secundaria, uno de sus propósitos es de proporcionar a su hijo un futuro mejor en lo que se refiere a los estudios, además en su deseo esta el mantener activo ambos negocios como seria el de su casa de habitación que es una pulpería y su otro negocio que es un kiosco que esta ubicado en la entrada de la universidad de león en el campus por lo que ella tiene administrar ambos negocios y por medio de esto realizara las respectivas mejoras en su vivienda para que en n futuro su hijo pueda tener un lugar que represente las condiciones necesarias tanto para ella como para su propio hijo.

El tiempo que tiene de poseer este negocio es de 5 años, la actividad económica a la que ella se dedica es venta de gaseosa y cerveza, sus inicios empiezan por intuición propia de experimentar lo que seria la venta de estos productos fuera de su casa de habitación y de esta forma obtendría ingresos para su familia por lo que comenzó con pocos productos como: golosinas, galletas y gaseosa por lo que mas tarde recibe una propuesta positiva de parte de sus clientes y es así como forma su negocio el financiamiento es para capital de trabajo por lo que es necesario la inversión de mas productos por lo que la compañía de la coca-cola y otras tienen que abastecerla para que la Joven Jessica pueda ofrecer variedad de productos a sus clientes por lo que agradece trabajar con fundación león 2000 y las organizaciones amigas para que ella realice sus propósitos.

Additional Information

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).

About Nicaragua

  • $3,636
    Average annual income
  • 98
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,275
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Jessica Lynn working capital.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2008
Listed
Nov 23, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009