A loan of $1,075 helped a member to stock her store.

G.s. El Paraiso Group's story

The EL PARAISO group is made up of two members, Rosalina Eufemia and Ever Arnoldo. They are originally from Chinandega, which is located in the west part of the country and is known for is productive business zone. These members know each other because they are from the same zone and therefore they decided to request a group loan so that they could help one another financially and invest in their different businesses. Rosalina Eufemia is the group’s coordinator and is in charge of making payments. She has a general store where she sells daily household consumables in small amounts, such as bags of coffee, shampoo, detergent, toothpaste, rice, and cooking oil. She runs the business out of her home and has been doing so for 10 years. She wants to use the money from this loan to stock her business so that she can satisfy her customers’ needs. EL PARAISO is grateful to the Kiva lenders for the help they give small businesspeople in poor countries, such as Nicaragua, so that they can have dignified lives.

In this group: Rosalina Eufemia, Ever Arnoldo

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Translated from Spanish by Kiva volunteer Hugo Reyes

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Loan details