Guillermina de los Angeles C. is a married, fifty-seven year-old woman who is seeking a new loan to help finance her retail store. She has successfully repaid seven prior loans and has more than ten years dedicated to the sale of general retail items in her profitable store.
Since Guillermina de los Angeles operates her business out of the central commercial market, and responds to the needs of a wide range of customers, she travels to the capital city of Managua one or two times per month to purchase the best quality of goods. With the sale of these goods, Guillermina de los Angeles receives weekly revenue to cover basic costs, and is moderately subsidized by her husband’s pension, but still seeks a Kiva loan to help advance her business to the next level of success.
Guillermina de los Angeles is no longer supporting her two grown, married children, and therefore wishes to put all profits from the business towards her retirement in the coming years. Her most profitable items are clothes, shoe products, female perfumes, and lotions. Please help this dear woman realize her dreams to retire in the next few years and spend more time with her grandchildren!
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).