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Story from Wisconsin Coordinating Council on Nicaragua (WCCN)

Borrower Profile: Marcia Vega, Borrower of Prestanic Managua

Throughout the twelve years they have been in business, the Vega family has been successful in manufacturing and selling all sorts of concrete-related goods, such as bricks for construction, latrines, sinks for washing, etc. They started with very little money, but have grown their business, which now employs eight non-relatives as well as several family members.

Marcia is the owner’s bright young daughter who works in customer support for the business. She assesses what the customer needs and works to satisfy their expectations. Marcia learned the operations by watching since she was a young child and is now preparing to take the lead.

“Loans give a business-person like myself the possibility of improving our business”, her father explains.

Marcia has observed how her father has utilized loans to make their business successful, and she feels that loans are essential for expanding their business.

She has been very satisfied with Prestanic, a NICA Fund partner agency, and wants to continue their relationship. In order to further the growth of the business Marcia intends to expand by offering delivery service to those customers who are unable to pick up the materials. She plans to take a loan to buy a vehicle for transportation in order to gain this advantage.