Funded

Total loan: $2,875
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Nueva Esperanza Group

Nicaragua
Leon, Nicaragua / Grocery Store

A loan of $2,875 helped a member to stock her small store by purchasing supplies such as coffee, shampoo, tomato sauce, soap, milk, bread, beans, sugar and detergent.


Nueva Esperanza Group's story

The Nueva Esperanza Communal Bank is made up of 10 members, all single mothers with 20 dependent children among them. This bank is from León, a place located in the western part of the country. It is known as a tourist and university town, with one of the best universities in the country. Its people are welcoming and hardworking, and they are eager to succeed.

Amanda del Socorro is the coordinator of the bank. She is responsible for seeing to it that the members make their payments on time and help one another in their different economic endeavors. Amanda del Socorro has a small store in her home, where she sells products consumed daily in small quantities, such as a small containers of coffee, shampoo, tomato sauce, soap, milk, bread, beans, sugar and detergent.

The Nueva Esperanza Communal Bank is grateful for the help that Kiva lenders provide to people with few resources and to countries like Nicaragua so that its residents can have a means of attaining a decent life.

In this group: Amanda Del Socorro, Ely Del Socorro , Dominga Ramona , Maria Ernestina, Maria Isabel, Jennifer Fabiola , Meyling Carolina, Vilma Rosa, Kathia Maria , Gregoria
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Diane Chaney



Loan details

Loan length:

8 months
Disbursed date: October 24, 2012

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 24, 2012