Funded

Total loan: $1,050
Powered by 33 lenders

Soberana Group

Nicaragua
Masaya, Nicaragua / Food Production/Sales

A loan of $1,050 helped a member to buy ingredients (milk, dulce de leche, corn, firewood, etc.).


Soberana Group's story

The 'Sobeana' group is made up of three hard-working and entrepreneurial people. One of them is María Antonieta whose business is selling traditional sweet treats, 'cajeta' (a thickened syrup made of sweetened caramelised milk), atole (a traditional, corn-based hot drink), donuts, rice pudding and 'sopa borracha' (sponge cake soaked in syrup and rum). She has been in this business for five years. She will invest her loan in buying ingredients: milk, dulche de leche, coconut, corn, firewood, etc. so that she can make progress in her business.

María Antonieta is married and has five children. She currently cares for her four youngest who are 16, 13, 12 and 5.

The other members of this group are Josefa, who has been selling food and soft drinks for 10 years, and Margarita, who has been selling shoes for 7 years.

In this group: María Antonia , Josefa Del Carmen , Margarita De Los Ángeles
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard



Loan details

Loan length:

9 months
Disbursed date: January 31, 2012
Facilitated by Field Partner: ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: January 31, 2012
Facilitated by Field Partner: ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)