Funded

Total loan: $1,400
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El Cielo Group

Nicaragua
Nindiri, Nicaragua / Grocery Store

A loan of $1,400 helped a member to invest in the purchase of staple products such as rice, beans, sugar, oil, bath soap, dish-washing soap, etc., for her store.


El Cielo Group's story

This communal bank was formed by three members with microbusinesses. One of them is Benicia Victoria, who is 60 years old. She has had a grocery store for 11 years. She is married and has two adult children. She herself tends to the business. She has been in the communal bank for 4 consecutive years. She will invest the loan in the purchase of staple products such as rice, oil, sugar, bath soap, dish-washing soap, popular medicines, etc.

Elyin Patricia has a little glass workshop in her home, where she makes and repairs glass items. Luz Martina sells clothing and cosmetics.

In this group: Elyin Patricia, Benicia Victoria , Luz Marina
*not pictured

Translated from Spanish by Kiva volunteer Pam McMurry



Loan details

Loan length:

9 months
Disbursed date: September 21, 2012
Facilitated by Field Partner: ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: September 21, 2012
Facilitated by Field Partner: ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)