A loan of $1,975 helped a member to invest in working capital and buy pigs to sell on.

Banco Comunal La Esperanza Group's story

El Banco Comunal la esperanza está conformado por 14 integrantes todas madres solteras, de la comunidad del Sauce, lugar que está ubicado en la zonThe “La Esperanza” communal bank has 14 members, all single mothers, who are from the town of El Sauce, which is located in the north of the country. These women are responsible, hardworking and of good character: determined humble women. Norma is the bank coordinator, which means it is her responsibility to make sure the group members make the correct payments and on time.

Her own economic activity is the buying and selling of pigs. She carries out her work by visiting other towns and villages in search of pigs to sell on. The aim of this loan is to invest in working capital and stock her business in order to take advantage of the increased sales during the Christmas period. The communal bank is grateful for the help given by Kiva investors to people with scarce resources and in poor countries, like Nicaragua, so that they can have a way to achieve a decent job.

In this group: Kenia Lizett, Candelaria, Bernabela Del Carmen, Tomasa Antonia, Audelia De Jesus, Silvia Elena , Azucena, Santos Ramona, Yadira Del Socorro, Normalina , Rosa , Reyna Del Socorro , Juana De La Cruz , Mariela

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Translated from Spanish by Kiva volunteer Suzanne Carey

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