Restaurant & Hotel

Celeste R.

Celeste studied business administration and worked in customer service at a bank before starting her own business. When her brother came back from the US in 2011 she was able to open a small grill restaurant with 6 tables with some money. Constantly growing, it was so well known that people could not be served due to lack of space. Therefore, in 2014, Celeste decided to invest 70,000 USD and establish an exquisite restaurant in the best place in Leon Park - which she succeeded in doing. Then, in the 2018 riots, their restaurant was set on fire and they lost everything. As a couple, they thought about whether to leave the country or stay. They decided to stay. Her husband sold a farm and they started in another rented place at the end of 2018. Because of Covid, they closed again as early as March 2020, but reopened the restaurant portion in September and also opened the hotel portion of the building 1 year later. The hotel includes about 15 rooms to accommodate overnight guests. Meanwhile, the restaurant specializes in authentic Mexican food and meat dishes.

Project ID

429

Country / City

Nicaragua / Managua

Jobs at the start

21

additional potential jobs

6

entrepreneur sponsorship

Training and coaching CHF 250 per month for two years

Project description

Celeste would like to further improve the restaurant section and boost the hotel area. Despite her business management training, she is aware that she needs help in the day-to-day running of the business in terms of strategy, organization, finances and personnel. In collaboration with BPN, she is working on positioning herself more clearly and structuring the finances in such a way that she can also see which parts are profitable and which are not (yet). Celeste has a lot of energy and drive and is happy to have the support of BPN to help her channel this energy into the right channels.

Share this entrepreneur sponsorship:

Are there still questions or uncertainties?
We're be happy to help you:

Caroline Flück

Philanthropy Manager
+41 31 305 25 26
caroline.flueck@bpn.ch