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Fundación León 2000
León, Nicaragua
Leon2000@ibw.com.ni

# of clients: 5,293
% women: 73%
Outstanding Loans: US$ 2,126,612
Staff: 33
Founded: 1993
Director: Marcos Hernandez

Microcredit Programs: Working in rural and urban periphery areas, the León 2000 Foundation offers two microcredit programs to its more than 3,000 clients. Inexperienced borrowers are trained in small solidarity groups and take out loans of $40-400. Success means that the client becomes eligible for larger, individual loans. In addition, they continue to benefit from the technical expertise of León 2000's small business consultants.

In addition to microcredit, León 2000 offers microentrepreneurs the opportunity to participate in trade fairs, craft markets, and other events designed to increase sales.

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