San José, Costa Rica, since 1956

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

Nicole Yong

Rancho Palos Verdes, California, USA


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