Total loan: $700

La Colonia Group

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, , Nicaragua / Food

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

A loan helped to buy soy, sugar, milk, cinnamon, flour, etc.

La Colonia Group's story

For four years, Karla has worked making soy "atol" [a traditional beverage] and selling it has a street vendor. She is 28 years old and the mother of two children. She is a merchant, a young entrepreneur, humble, responsible, and very hardworking, with effort and dedication to get her family ahead. She started the business on her own initiative, but with the support of Fundenuse; with her first loan, she was able to start her business.

She works in the communal bank model, and belongs to the group "La Colonia” with Suyapa, who sells ground coffee and tortillas, and Elvira, who also sell tortillas and "nacatamales". They are very grateful to Kiva, because with their first loan, they managed to meet all their objectives with a favorable rate of interest.

She requests a second loan from Fundenuse with Kiva funds to buy raw materials to make her "atol" and so increase her sales and thus her profits. As a future plan, she would like to have a shop where she could sell her "atol".