Mrs. C. has worked with our institution since 2007. She sells plastic products, and also earns money from selling corn-derived products out of her home, like toasted corn flour and a traditional corn and cocoa-based drink. The loans she has been given have been used as capital for her work.
Translated by Cynthia McMurry, Kiva volunteer
La señora C. trabaja con nuestra institución desde el año 2007 ella se dedica a la venta de productos plasticos y ademas cuenta con otros ingresos por venta de productos derivados del maiz los que vende en su casa, tales como tiste, pinol y otros. los prestamos que se le han otorgado ha sidi destinados a capital de trabajo.
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).