A loan of $1,450 helped a member to buy raw materials, some for her bakery business and some for general merchandise.

G.s. Dios Es Amor Group's story

Santos Francisca is 46 years old, a widow, and the mother of five children of 15, 18, 23, 27, and 29. Only one of her children is still in secondary education, with the others now being independent. Santos set up her business with financial support from her husband who died when the business had become established. From that moment she had to lean on her older children to get by, as six people were dependent on the business. With two of the children still small, the older ones had to give up their studies to help with the work, but now only one daughter is still dependent as the older ones have left home. One of Santos Francisca's ambitions is to see her daughter complete her university education. Her business consists of making and selling corn bread. She is seeking funding to buy raw materials (corn) for the production of 'cosa de horno' (a type of corn bread) and will invest it in her bakery business. She belongs to the Dios es Amor (God is Love) solidarity group, along with the two other members, Julia Bertha and Dany. Julia Bertha is 45 years old, single and the mother of two children of 9 and 16, who are both at school. Her business consists of selling general merchandise such as clothing, shoes, mobile phones and accessories, laminated steel and silver, amongst other things. She has had this business for two years, having begun with scant resources and having gradually invested more in her merchandise. She travels to Panama to buy different ranges of products to offer to her customers. She sells for cash and on credit and is seeking funding to invest more in her working capital. Dany, who is 28 and single, owns his own bakery which is located in his home in Chinandega. He devoted tremendous effort to setting up his business with his own money which he managed to scrape together during the time that he worked with his mum in the bakery where he learned the trade. He buys his raw materials in Somotilla and travels around selling his goods for cash to regular clients such as grocery shops. In these regions there is a great demand for clothing sales and foodstuffs as it is a region devoted predominantly to cattle rearing and agriculture. This is the first time that the group’s members have sought funding to increase their stocks and they are grateful for any support which will help them to continue running their businesses.

In this group: Santos Francisca, Julia Bertha, Dany

Translated from Spanish by Kiva volunteer Janice Crossfield

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