A loan of $1,175 helped a member to buy groceries generally.

Unico Group's story

The "Solidario Único" group is made up of 3 members, who each has her own economic activity in the local community. The group's co-ordinator is Señora Nolvia del Carmen Munguía. She is 49 years old, married with 6 children, and lives with her family in the Solares Nuevos neighbourhood, in the town of La Unión, Olancho.

Nolvia is a determined woman who began working for a living at a very young age. She now has a small grocery store in her home, which she and her husband run. The store is well-used by their neighbours, with opening hours from 6am to 9pm. For the moment, Señora Nolvia has no health problems, but there are seasons when sales drop and so do her earnings. Her goal is to grow the business and in this way increase her earnings to improve her quality of life. She is seeking the loan to buy sugar, rice, soft drinks, butter, meat, chicken, canned foods, bread, cookies, churros, sweets, sauces, pasta, etc. With the help of the loan, she will have more and better stock in her store, and her customers will be able to buy everything they need. She has worked with [field partner] FAMA before and is very grateful for the support she has received. She is very reliable in making her repayments.

The other members of the group are: Vilia Oneida L. Z., who is seeking the loan to invest in her grocery store, and Carmen María T., who will invest in buying cosmetics that she will sell door-to-door in her community.

In this group: Carmen Maria, Nolvia Del Carmen, Vilia Oneida

Translated from Spanish by Kiva volunteer Rosa Oswald

Loan details

Lenders and lending teams

Loan details