Total loan: $1,475

El Faisán Group

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Masaya, Masaya, Nicaragua / Food

El Faisán Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped Reinvest into their businesses.

El Faisán Group's story

Doña Lourdes del Socorro F. S., Ana María L. M., Rosa Alvara L., and Mireya del Carmen A. are the four members who make up the group “El Faisán” (The Pheasant). They are originally from the city of Masaya.

They are starting their ninth loan cycle, which means they have been working with ADIM for three years. They are satisfied that their businesses have grown with the help of their loans.

Lourdes F. is the group coordinator. She is 33 years old and owns a retail space in the central market of Masaya. She sells perishable items such as eggs, bread, flour, spices, candy and cookies. She intends to reinvest her loan back into her business so that she can become a distributor that caters to other businesses.

Ana María L. M. and Rosa Alvara L. also own retail spaces at the market in Masaya. They both work in the same line of sales as Doña Lourdes. Doña Mireya del Carmen A. sells different kinds of spices.

They all have over 20 years of experience in their businesses. They are successful entrepreneurs who are responsible and punctual with their loans.

Translated from Spanish by Ronan Reodica, Kiva Volunteer