A loan of $800 helped a member to buy a number of pigs to raise and sell.

Panales No 2 Group's story

The "Panales No. 2" communal bank is made up of eight members: seven women and one man. These members are aged between 25 and 55. They are responsible for 20 children.

This group members live in the municipality of Sauce, a place located in the northern part of the country. The "Panales No. 2" communal bank has already worked with the Foundation and demonstrated its responsibility by making payments in a timely way.

They are hard-working, responsible people, with the desire to improve themselves and achieve their dreams and goals.

Maria Ofelia is the coordinator of the "Panales No. 2" communal bank, and her work is raising and selling pigs for the making of traditional meals of the country, such as nacatamales (Nicaraguan steamed corn cakes), adobado (pork in a spicy sauce), charrasca (fried pork skin) and deep-fried snacks. Currently she has a good clientele, and her business has grown little by little.

The purpose of the loan is to invest in working capital and to buy a number of pigs to raise and sell. Maria Ofelia is grateful for the help that the Kiva lenders are providing to low-income people and to poor countries like Nicaragua, so that people can have a decent livelihood.

In this group: Martha Cecilia, Pedro Jose, Erika Maria, Maria Ofelia, Alma Nidia, Marcela, Luz Adilia, Corina Del Socorro

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Translated from Spanish by Kiva volunteer Jeff Goldie

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