A loan of $3,300 helped a member to have the working capital to buy a batch of pigs for sale and butchering of same.

Banco Comunal En Dios Confiamos Group's story

The En Dios Confiamos Communal Bank is made up of 12 members, all married adults with 30 dependent children among them. These members are natives of Malpaisillo, which is located in the northern part of the country.

These people are known to be responsible in their loan payments and have demonstrated their moral character by paying on time. Luisa Yhoana is the coordinator of the group and is entrusted with seeing to it that each member is responsible and of motivating them to support each other in their economic endeavors.

Luisa raises and sells live pigs, a business that is located at her home. She has both fixed and casual customers. She is requesting funding to invest in working capital and purchase a batch of pigs, which is being offered at a good price. She is doing this to satisfy her customers’ demands and improve her income.

Luisa Yhoana is grateful for the help that Kiva lenders provide to people with scarce resources and to poor countries such as Nicaragua so that its citizens can have decent livelihoods

In this group: Yanira Del Carmen, Maria Matilde, Agustina De La Concepcion, Dora Maria, Brenda De Los Angeles, Onan, Yuris Anielka, Mercedes Del Rosario, Neriz Yaritza , Benita Teodora, Marlene, Luisa Yhoana

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Translated from Spanish by Kiva volunteer Diane Chaney

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