Funded

Total loan: $1,275
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Las Margaritas Group

Nicaragua
Managua, Nicaragua / Manufacturing

A loan of $1,275 helped a member to buy raw material like string, etc.


Las Margaritas Group's story

This group is comprised of three successful members. Rosa Betania is one of them. She has had a small factory making mop heads for ten years. She has three employees, who earn according to production. The products are sold at different markets and businesses in the areas surrounding her home. She will use the loan to buy raw material like string, etc.

Margarita is a successful small businesswoman. Two years ago her house burned, leaving her exposed to the weather. With help from friends, her house was restored. Her business is selling tortillas, fried pork, deep-fried pork rinds, blood sausage, soft drinks, and juice, etc. Nevertheless, she was never behind in her loan payments.

Noelia is a new client this cycle. She sells used clothes and bookstore items.

In this group: Rosa Betania, Margarita, Jessica Noelia
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

6 months
Disbursed date: September 29, 2012
Facilitated by Field Partner: ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: September 29, 2012
Facilitated by Field Partner: ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)