Total loan: $800

San Miguel Arcángel Group

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Jicaro, Nueva Segovia, Nicaragua / Food

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A loan helped to buy blocks of cane sugar to sell.

San Miguel Arcángel Group's story

Nelson is a 33-year-old merchant and a father of two children. In his spare time, he repairs mobile phones and plays soccer. However, his main source of income is selling blocks of cane sugar. At the age of 15, he observed everyone who did this type of work and how these businesses prospered in his community, which caused him to be very interested. Thanks to this work, he indicates that he has been able to succeed.

Nelson is requesting a Kiva loan from FUNDENUSE so that he can buy blocks of cane sugar at a lower price. He is a member of the solidarity group “San Miguel Arcángel” with Karen and José, who are also sugar merchants. With this loan, they hope to generate more income from their sales. They will also be able to satisfy their customers with more product since they will have the capital to help them continue working and improve their quality of life.