Funded

Total loan: $825
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Margarita Group

Nicaragua
Managua, Nicaragua / Clothing Sales

A loan of $825 helped a member purchase of clothing, sewing materials, and fruits and vegetables.


Margarita Group's story

The Margarita group is made up of Manuela M., Yolanda M., and Perla D., three entrepreneurial women. The coordinator of the group is Manuela M., who remembers like it was yesterday when in 1994 her co-workers asked her to buy clothing, shoes, and cosmetics for them. From this experience she decided to start a business selling clothing and cosmetics by orders, and she has had a lot of success.

Fellow group member Perla D. has worked for eight years making blankets. With the loan money she will make more blankets as well as making and selling linens (sheets and bed covers) and cushions. Meanwhile, Yolonad M. works selling fruits and vegetables.

They will use the loan money on their respective business. Manuela will buy more merchandise for the summer season. Perla will buy fabric, thread, elastic, and other products, and Yolanda will buy fruits and vegetables that are in season.

In this group: Yolanda , Manuela, Perla
*not pictured

Translated from Spanish by Kiva volunteer Patrick King



Loan details

Loan length:

8 months
Disbursed date: March 18, 2010
Facilitated by Field Partner: ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 18, 2010
Facilitated by Field Partner: ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)