Total loan: $3,925
Fe Y Esperanza Group
Leon, León, Nicaragua / Food
Flag of Nicaragua
Fe Y Esperanza Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to invest in working capital and increase her store's inventory of goods, such as rice, beans, sugar, bread, juice, cooking oil, sodas, and eggs.
Fe Y Esperanza Group's story
The Fe y Esperanza [Faith and Hope] Communal Bank is made up of nine members, single mothers who have for ten children between them. They are from Malpaisillo, in western Nicaragua. These woman are hardworking, trustworthy, and ambitious to improve their lives. They enjoy spending free time with their families, but are now striving to provide greater opportunities to their children. Cándida is the group's coordinator and runs a small convenience store where she sells small amounts of groceries such as rice, beans, sugar, milk bread, juice, cooking oil, sodas, and eggs. Cándida works 12 hours a day at her store selling these goods. She is applying for a loan so that she can invest in working capital, increase her inventory, and earn higher income in the near future. The members of Fe y Esperanza group are grateful to Kiva lenders for the support they provide to people of limited means in poor countries such as Nicaragua. This support helps borrowers earn a decent, honest living.