A loan of $2,550 helped a member to buy pastry.

Milagro De Dios Group's story

Milagro de Dios Communal Bank is made up of ten members, nine women and one man, parents with 25 children in their care. They're from Sauce, located in the northern part of the country. Unfortunately these people weren't able to study because they lacked the financial resources and needed to work from a young age. They want to give their children a better future, though, and they strive every day.

The coordinator of the communal bank is Priscila, a woman with a great desire for personal improvement. Her job is selling baked goods such as pastry, cake, spice bread, and cannoli, which she does on foot every day under the intense sun with a 20-kilogram basket on her head. She devotes about ten hours a day to her job, which she carries out with great pleasure because it has been her children's lifestyle.

The goal of the loan is to invest in working capital and stock her business with pastries for sale so she can have a better income in the near future.

Milagro de Dios Communal Bank is grateful for the help that Kiva lenders give to low-income people and poor countries such as Nicaragua.

In this group: Reyna Isabel, Yudania Gricel, Francisca, Rosa Elizabeth, Alba Luz, Pricila, Gladys Maria, Celina, Modesta, Luis Salvador

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Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

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