Total loan: $2,775

Los Sabalos Group

Flag of Nicaragua
Managua, MN, Nicaragua / Food

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

A loan helped buy new products for their bookstore and supplies for the food stand where they sell soups, baho, sodas, and ice cream.

Los Sabalos Group's story

The "Los Sabalos" community association is a nine-cycle bank, made up of eight clients who use their credit as working capital for the purchase of raw materials and inventory of their varied businesses like the sale of cosmetics, bookstore, food stalls and small stores in general. They have worked excellently applying a joint guarantee in the previous loans with great responsibility, they are united and hard-working.

Rosa Maria (in the center, wearing a dotted blouse and glasses), is 39 years old. She is married, her husband is a refrigeration technician and they have 3 children. Her oldest son is in college. Her goal is to have a larger business and diversify it. The loan will allow her to buy new products for her bookstore and supplies for the food stand where he sells soups, baho, soft drinks and ice cream.

"I like that I generate my income and I am able to direct and manage a business, I feel important" emphasizes Rosa Maria. Although one of her main fears is to catch COVID-19 when she makes sale in the market, she takes the appropriate measures. She is confident that 2021 will be a better year for his business. THEY COUNT ON YOU TO PROGRESS!