Saturday, May 28, 2016

Testing the Hypothesis, Part I

The who: Hospitality and Tourism Industry in Nicaragua

The what: Having a broader range of opportunities for the hospitality and tourism industry in Nicaragua, will generate more jobs and provide our generation with a more enriched understanding of culture and well being.

The why: Provide our generation with a more enriched understanding of culture and well being.

This need is definitely wanted by all the entrepreneurs in Nicaragua. Having a broader range of opportunites will help Nicaragua develop into a rich country. Money is definitely a challenge when it comes to enriching this opportunity. Nicaragua is one of the poorest countries in the world and is seeking for financial help. It is very sad that Nicaragua has a lot to offer, but it can't evolve into bigger things until they have more money.

The five people I interviewed are my co-workers from my summer job. I am currently working at a travel agency and they more or less all have the same beliefs as I have. They believe that Nicaragua could turn into the most beautiful country, but that it first had to develop new opportunities in the hospitality and tourism industry. This will generate a wider range of jobs.

4 comments:

  1. Carolina,

    This can be a very interesting endeavor! I understand the issue with money. Along with your opportunity you can probably combine microloans or another popular way to raise money as crowd-sourcing. Neither are new or unique, but what I find challenging about microloans is usually there are high rates for the middle man who brings the cash to locals. If you can find a way to cut that down you might have a pretty good chances of promoting your original idea. Good luck!

    All the best
    My blog is http://lubovg-ent.blogspot.com/

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  2. Carolina,

    I was in Nicaragua for a summer about 3 years ago and I completely agree with your opportunity! I visited Managua (capital), Leon and Granada.. Leon and Granada were very colonial and somewhat clean, however, Managua was a mess. What is crazy to see is the significant amount of poverty in the capital itself. There are definitely not a lot of tourist attractions in the capital, but rather just around the small towns themselves. I believe if there was more money poured into Managua in tourism and hospitality, the country would be in much better shape. It is just a matter of developers buying out land and investing in hotels.

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  3. Carolina,

    I loooove this so much. Its amazing what tourism can do for a country. In many places around the world, it is the main source of their economic success. People love to travel to tropical places, and Nicaragua's Caribbean location is a great destination for those kinds of tourists.
    I also think Lubov raises a great point, microloans are a very interesting way to boost the local economy. My family is very involved with a specific charity, Hiinga Microfinance, that works with small villages in Uganda, Africa. They provide microloans to the local farmers to help with their personal finances and aid in economic boosts in their towns. They have absolutely transformed some of the villages with the work that they have done. I don't see why something similar can't happen in Nicaragua as well!

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  4. Carolina,
    This is very cool. My family is from Nicaragua and I absolutely love visiting Nicaragua. Last time I was there was in 2009. It frustrates me that a lot of people have never heard of Nicaragua. It is a very beautiful country with a lot to offer. My grandma actually owns and runs a school called "El Padul" where she gives free education to the kids. She also helps provide funds for housing for the families.

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