A loan of $2,275 helped a member invest in business capital and buy more milk and curds to sell.

El Tule Sur Group's story

The El Tule Sur communal bank comprises 8 members, all single mothers responsible for 20 children. These members are originally from Sauce, an area that's in the north of the country. The members of El Tule Sur are responsible, hard-working women with a good work ethic and a desire to get ahead. These women have been hard workers and fighters in order to get their children ahead. They decided to form this group to benefit from the capital and mutually support each other's businesses by investing in them. Olga Lidia is the coordinator of the bank and in charge of making the payments on time. She sells milk and curds, which is one of the major activities of the area. She sells it on foot with a plank on her head that weighs approximately 20 Kg, offering her products to her neighbors in her neighborhood. She also sells from home. The objective of the loan is to invest in business capital and buy more milk and curds to sell. The communal bank El Tule Sur is grateful for the help that Kiva investors give to people of few resources, and poor countries such as Nicaragua, giving people a chance to have dignified work.

In this group: Nidia Del Carmen, Maria Magdalena, Yesenia Zuyen, Hilda Maria, Olga Lidia, Berta Azucena, Isaura Judith, Martha Adilia

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Translated from Spanish by Kiva volunteer Beatriz Yuste

Loan details

Lenders and lending teams

Loan details