Entrepreneurs: Aída Mayorga and Oscar García
HQ: Masaya, Nicaragua
Number of Employees: 10 - 50
GIIRS Rating: coming soon
Aída Mayorga started Oscarito’s with a $100 microfinance loan. Talk about a success story! Fifteen years later, Aída and her husband, Oscar Garcia, employ over fifty people in their clothing manufacturing business. As Aída expands Oscarito’s, both its product line and its distribution channels, she remains committed to growing the number of quality jobs made available, particularly for single mothers lacking formal education. Beyond recruiting those with a particular need for gainful employment, Aída looks for ways to offer benefits beyond the norm: low-interest credit, food, and more. In addition, Aída recognizes that Oscarito’s success can signal to the community that there are legitimate ways to break the cycle of poverty. To further support this vision, she is active in orchestrating anti-drug and job training programs. Agora stands in constant awe of Aída’s persistence, appetite for learning, and unwavering sense that Oscarito’s success can extend to the community.
Design and produce clothing and uniforms for infants and children as well as embroidery for corporate promotional materials. Oscarito’s maintains one retail store in Masaya, Nicaragua. The firm is committed to social and environmental responsibility and its production processes are certified by ISO 14001 (environmental management standards). Oscarito’s operates out of a modern factory with state-of-the-art machinery. The staff is continually adapting to the tastes of Oscarito’s customers and evolving needs of its large distributors (e.g., Walmart).
To meet domestic and international demand and to create local jobs. Aída has seen how business growth drives community development firsthand and is committed to continuing the expansion of Oscarito’s footprint and, in step, creating jobs with competitive wages, insurance and pension benefits, and training opportunities.
Oscarito’s cares about playing a positive role in the local community, in terms of both its hiring practices and the methods it uses for production. Specifically, the company tracks:
Oscarito’s is working to secure contracts with more Latin American and US distributors and is exploring the possibility of opening retail stores in Managua. The firm is also considering expanding its product suite to include sportswear and natural exfoliants.