A loan of $2,425 helped a member to buy clothes, fabric and food ingredients.

Banco Mujer Hacia Adelante Group's story

Mrs. Fátima, 42, is the President of the “Mujer Hacia Adelante” (Woman Forward) communal bank. She is a very hard working mother of five children. She is Nicaraguan and did not have the opportunity to continue her schooling beyond elementary school.

She found out about Fundación Mujer’s services through an invitation from a neighbor. This is her first loan. She does a variety of things: commerce, small industry and food services. She will invest the loan in purchasing American clothes, fabric for clothes manufacturing and ingredients to make fast food.

The client has had her business for over 5 years. The main obstacle she’s faced is the lack of money to invest in her activities to make her businesses grow and improve her family’s and her own quality of life. Because of this she has well defined goals. Among them are: to acquire more skills in food handling, to have her own snack bar to sell all types of food as well as a car to go to distant communities to sell clothes. These are some of the dreams she’s set up for herself that she plans to accomplish through much effort and dedication.

The loan will help Fátima and her seven fellow bank members, who are in commerce and raising barnyard fowl, quite a bit.

In this group: Marjorie, Rebeca, Viviana, Elizabeth, Maribel, Fátima, Viviana, Lorena

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Translated from Spanish by Kiva volunteer Polliz

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