A loan of $1,525 helped a member to buy milk.

Las Pilitas Group's story

The “Las Pilitas” communal bank is made up of eight members; seven women and one man all with families and a total of 10 children to care for. These members are hardworking, responsible people with good customs. These members are all from Sauce, which is located in the northern zone of the country.

Migdalia is the bank’s coordinator and is in charge of making payments for the group. She sells curds on foot and from her home. Her daily routine is to arise at 5:00 am to prepare her curds and go out to sell in the community. She will use the money from this loan to buy more milk and curd. The “Las Pilitas” communal bank is grateful to the Kiva lenders who help people of low resources in poor countries like Nicaragua, to have a dignified means of work.

In this group: Magdalia Gisell, Francisca Del Rosario, Julia Yilda, Blanca Azucena, Evangelista Teresa, Mayra Mercedes, Simon Fidel, Mirenia Karina

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Translated from Spanish by Kiva volunteer Hugo Reyes

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