100%

funded

Total loan: $4,150

Banco Comunal En Dios Confiamos Group

Leon, León, Nicaragua / Food

Banco Comunal En Dios Confiamos Group's loan finished fundraising, but these other borrowers need your support


A loan helped to buy raw material like corn, firewood, gas, plastic bags, and matches, etc.


Banco Comunal En Dios Confiamos Group's story

The En Dios Confiamos communal bank is comprised of 11 members. There are nine women and two men, who are mothers and fathers responsible for 20 children, all of whom are minors. They are from Malpaisillo, a place that is located in the northern part of the region. They are known for being hard-working and responsible with the desire for personal improvement. They all have different business activities, which have been the means of support for them and for their families. They struggle day to day in order to get ahead with their families and to meet their objectives and established goals. These include being able to provide better living and emotional conditions for their children and making their businesses grow.

Thanks to her desire for personal improvement, María Matilde is the coordinator. Her business activity is making and selling tortillas at her house and by order for her fixed customers, who sell food at the markets and request her tortillas daily. She works in her business for 12 hours a day. Her routine is to get up at 4:00 a.m. to prepare the tortillas, and she works until 4:00 or 5:00 p.m. distributing her product. She has been engaged in this business activity for ten years. She does it with much pleasure because it has been the support of her family.

The objective of the loan is to invest in raw material and to buy a ‘quintal’ [100 pounds] of corn, firewood, plastic bags, and gas, etc. to make the product and to be able to get better earnings in the near future.

The En Dios Confiamos communal bank is grateful for the help that the Kiva lenders provides to people with scarce resources in poor countries like Nicaragua so that they have decent work.