A loan of $1,350 helped a member to buy more milk.

Nuestra Señora De Guadalupe Group's story

The “Nuestra Señora de Guadalupe” (Our Lady of Guadalupe) communal bank has ten members, all single mothers with fifteen children in their care. They are from the city of Sucre located in the northern part of the country. They are women noted for being very tenacious, hardworking, humble, country women. They all have different economic activities typical of the region like the sale of milk curd, food and raising pigs.

Rosa Argentina is the communal bank coordinator so she’s responsible for insuring that the communal bank members make their installment payments properly and as scheduled. Her economic activity is selling milk curd and milk from home. Rosa’s daily routine starts when she rises at 4am to make the curd to sell to her customers early in the morning. The goal of the loan is to invest in working capital to buy more milk and produce more curd which is her main activity.

The Nuestra Señora de Guadalupe communal bank is grateful for the support Kiva lenders provide people of limited resources and to poor countries like Nicaragua.

In this group: Gloria Del Carmen , Yadira Del Socorro, Petrona Del Carmen , Yovania Elizabetz, Virginia De Jesus, Segunda , Evelin Del Carmen, Rosa Argentina , Mireira Del Carmen, Maria Auxiliadora

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Translated from Spanish by Kiva volunteer Polliz

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