A loan of $1,175 helped a member to buy various articles of clothing such as trousers, shirts, blouses, shorts, and undergarments.

G.s. La Holla Y El Comal Group's story

The solidarity group called “La Holla y El Comal” consists of three members: Rosaura Marisol, María Magda, and Luis Alberto. They are all married and have four young children among them who are currently in school. The members of the solidarity group are originally from La Paz Centro, a place that is located in the western part of the country. They are responsible people who know one another and support each other in their different businesses.

María Magda is the coordinator of “La Holla y El Comal” Communal Bank. She has a business of selling various types of clothing. María buys the clothes in El Salvador and Guatemala and then sells them as a street vendor to both established and occasional customers. She issues credit to most of her customers and collects payment every two weeks. At the moment, she is requesting a loan to invest as operating capital to buy a bit more inventory for her business so that she can meet the demand from her customers.

The solidarity group called “La Holla y El Comal” is grateful for the assistance that the Kiva lenders have provided to people who have limited resources and are from poor countries, such as Nicaragua. This enables them to have a decent life.

In this group: Rosaura Marisol, Maria Magda , Luis Alberto

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Translated from Spanish by Kiva volunteer Ronan Reodica

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