Looking to Support a Micro-Business Project
Dear Nica Times:
This is an open letter to Nicaraguans: Hello, my name is Nicole Yong and I am currently a student in the United States. Starting this September, I will be receiving a small stipend of $400.
Truthfully, at first I wanted to create a fund to donate this money simply because I wanted to contribute to the Nicaraguan quality of life.
However, I realized that by donating money, I would be no different than the other faceless contributors who simply donated money for the sake of donation, and did not truly care about how the money would be spent to alleviate any difficulties.
I want to be an active participant; not a faceless donor. Therefore, using the concept of micro-economics, which focuses on directly lending money to the small business owner, I am hoping to create a trustbased loan system.
I know that many people in Nicaragua have a very big potential to operate a business, but a small fortune is needed to start such an enterprise.
Thus, I am hoping to lend this money to a potential business owner with whom I will work to counsel and bridge connections with similar businesses in the United States.
Of course, there will be no interest charged under any conditions. Essentially, the main concept of this trust-based loan is to allow those who want an opportunity to start their own business reach their full potential.
If you are interested or have any further questions, please feel free to contact me at firstname.lastname@example.org.
Rancho Palos Verdes, California, USA
You may be interested
A pilgrimage for a saint: El Salvador mournsAFP - March 25, 2019
Hundreds of Salvadorans paid tribute this weekend to their first saint, San Salvador Archbishop Oscar Arnulfo Romero, murdered 39 years…
The Tico Times Weekly Digest: March 25, 2019Alexander Villegas - March 25, 2019
An indigenous land rights leader was murdered in his home, four cases of measles detected in Costa Rica and La…
Costa Rica Treatment Center tackles addiction differentlyThe Tico Times - March 25, 2019
Costa Rica Treatment Center tackles addiction differently. While most drug and alcohol rehab centers shelter their clients from external stimuli,…