Quintín Nicolás, 44, is married with three young children who he is responsible for and who are already in school. He works in a small store located in his house and has done so for eight years. He began the business on his own initiative due to the lack of employment in the country and in this way be able to get income for his family. Out of necessity his wife had to move to another country in order to make a living and to help with the household expenses. He wants the loan in order to buy everyday products like beans, oil, soap, detergent, sugar, rice, bread, tiste (a traditional drink), and soda, among others.
Quintín Nicolás de 44 años de edad, casado con tres hijos menores de edad los cuales están bajo su responsabilidad ya que están estudiando, tiene por actividad una pulpería ubicada en su casa de habitación desde hace 8 años, el negocio lo inicie como una iniciativa propia por la falta de empleo en el país y de dicha forma tener una forma de obtener ingresos para mi familia, y por la necesidad mi esposa tuvo que migrar a otro país para ganase la vida y apoyar con los gastos del hogar, el financiamiento lo quiero para comprar productos de consumo diario como: frijoles, aceite, jabón, detergente, azúcar, arroz, pan, tiste, refrescos, entre otros.
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).