Ninoska Cecilia has a business selling used clothing. She is married and her husband works to help pay the household expenses. She says that having access to credit has positively influenced her life, since she has been investing and has managed to increase the level of her business, providing increased earnings. With good business management and the reinvestment that she has always done, she has been able to manage her credit well. She states that even though her business has grown, she is able to provide better attention to her children because of the increased income that it brings to the family. The loan she currently requests will be used to buy raw materials.
La señora Ninoska Cecilia tiene la actividad como es venta de ropa usada. Ella es casada y su esposo trabaja para ayudar a pagar los gastos del hogar. Aduce la señora que el crédito ha influido positivamente en su vida, ya que ha ido invirtiendo y ha logrado aumentar el nivel de su negocio, brindándole mayores ganancias. Algo que ha influido en el buen manejo de su crédito, es la buena administración de su negocio y a la reinversión que siempre ha realizado en el mismo. Afirma la señora, que pese a que su negocio ha crecido, ahora ha mejorado el ingreso de su familia, lo que le permite brindar mejores atenciones a sus hijos. Por lo que actualmente solicita este financiamiento para la compra de materia prima.
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).