A loan of $625 helped a member to invest in working capital and to purchase merchandise such as pants, shirts, skirts, blouses, undergarments, and linens.


Vamos En Victoria Group's story

The community bank, Vamos en Victoria, is comprised of eight members, all single mothers, with 10 children under their care. It was formed in Sauce, which is located in the northern part of the country. These women grouped together to take advantage of the benefits of the loan and invest in their respective economic ventures. Maria Dilia is the coordinator of the community bank and is responsible for the bank and for the timely and accurate payments. She works as a general merchandiser, which consists of the purchase and retail sale of clothing such as pants, shirts, skirts, blouses, undergarments, and linens. The objective for this loan is investment in working capital, stocking her business, and meeting the demands of her customers. The community bank, Vamos en Victoria, appreciates the assistance that Kiva members provide to persons of minimal resources and to impoverished countries such as Nicaragua, which allows them to have dignified work.

In this group: Martha Melba, Matias, Raquel De Los Angeles, Norma, Melania, Arycela Del Carmen, Ivania Del Socorro, Maria Dilia

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Translated from Spanish by Kiva volunteer JOHN NELSON



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