Funded

Total loan: $1,650
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Banco Comunal La Esperanza Group

Nicaragua
Leon, Nicaragua / Food Production/Sales

A loan of $1,650 helped a member to buy supplies.


Banco Comunal La Esperanza Group's story

The Communal Bank "La Esperanza" (The Hope) consists of 12 members, all of whom engage in different business activities that enable them to support one another. They previously took out a loan with Fundación León 2000 and have demonstrated that they are hardworking and responsible. The president of this group motivates her members to continue forward with their businesses so that they can generate income for their families.

Reyna del Socorro is a member of this group. She sells "hornados" (whole plantains served with curds). Reyna conducts her business as a street vendor in the town where she lives. She is currently requesting a loan to buy supplies so that she can increase her business.

In this group: Kenia Lizett, Candelaria, Bernabela Del Carmen, Tomasa Antonia, Audelia De Jesus, Silvia Elena , Azucena, Santos Ramona, Yadira Del Socorro, Normalina , Rosa , Reyna Del Socorro *
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

9 months
Disbursed date: May 21, 2012

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: May 21, 2012