Success Stories
Ada Maria Cruz
Ada Maria Cruz runs a shop in Jinotega along with another one of our borrowers, Alba Azucena Oviedo Jarquin. With the help of our loan, she is now able to buy in bulk (at quadruple the amount she used to buy at), which allows her to save money and reduce the time traveling to suppliers. She uses this extra time to travel to areas outside of the city to sell shoes and clothing, helping other communities benefit from her services. Her success is impressive, especially given that she did not receive education higher than elementary school. We are overall very happy with Ada as she has used her loan to expand her business and help those in surrounding communities.
Alba Azucena Oviedo Jarquin
Alba Azucena Oviedo Jarquin owns a shop with another one of our borrowers, Ada Maria Cruz, in the city of Jinotega. The shop has been around for 4 years, and recently the business has improved dramatically with the help of our loans. Alba handles the food side of the business. Using her loan, she was able to set up a snack and soda counter that attracts those passing by on the city streets. She sells popular items for the area, such as plantains and yuca chips. The loan has also enabled Alba to buy food in bulk, allowing her to benefit from discounted prices. This led her to purchase a refrigerator to keep the store more fully stocked. We are very impressed with Alba’s success and have much faith in her going forward.
Ines Morales Santos
Ines Morales Santos is a single mother of 4 living in a remote village outside of Jinotega. During the off season, she lives off buying clothes at markets and selling them to the people in her village. With our loan, she was able to multiply the number of clothes she could buy in one trip, and additionally, get a discount for purchasing in bulk. Our loan helped Ines save time and money, and with that extra money, she was able to buy her children necessities.
Janeth Zeledón Carazo
Janeth Zeledón Carazo runs a small pulperia in a small village outside of Jinotega. She also has a daughter that attends the local University. Using our loans, she was able to pay off some of the daughters student loan debt, and thus, use the remaining funds saved to invest in her pulperia. Her shop is popular among the village, and provides a steady income to herself during the off season.
