Funded

Total loan: $1,625
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Banco Comunal Corazon De Jesus Group

Nicaragua
Leon, Nicaragua / Grocery Store

A loan of $1,625 helped a member to invest in working capital and to purchase products for daily consumption like coffee packets, rice, beans, sugar, bread and detergents.


Banco Comunal Corazon De Jesus Group's story

The communal bank “Corazón de Jesús” (Heart of Jesus) is composed of nine members: one man and eight women, all parents with 20 children under their responsibility. They come from Sauce, a place that is located in the northern part of the country. These members are characterized as being hard-working and responsible.

Melida is the coordinator of the bank and is in charge of the responsibility of the payment installments of the members and the time and manner in which they fulfill them. She has as her economic activity a “pulpería” located in the house where she lives. A “pulpería” is a store that sells products of daily consumption and in small quantities like packets of coffee, rice, beans, sugar, milk, bread and detergents. The objective of the loan is to invest in working capital and stock the business.

The communal bank “Corazón de Jesús” is grateful for the help that the Kiva lenders provide to people of limited resources and poor countries such as Nicaragua so that they can have a way to work with dignity.

In this group: Maria Elsa , Alejandro De Jesus, Dominga Del Socorro, Rosa Matilde , Juana Victoria, Liduvina, Erlinda Del Carmen, Darliz, Melida Del Socorro
*not pictured

Translated from Spanish by Kiva volunteer Melanie Snellings



Loan details

Loan length:

7 months
Disbursed date: December 14, 2012

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: December 14, 2012