A loan of $1,950 helped a member to invest in working capital and stock her convenience shop with the purchase of food products like boxes of matches, instant coffee packets, shampoo packets, salsa packets, rice, beans, sugar, milk, eggs, bread, soap, and detergent.


San Jose Group's story

The communal bank San José is made of 8 members, 7 women and one man, fathers and mothers who are responsable for 20 children. They come from Sauce, a place located in the western zone of the country. These people are characterized by being responsible, hardworking, and with the desire to personally rise. This is what they fight for day by day - to bring a better future to their children.

The Communal Bank coordinator is Floribel and she works at a convenience shop, a small shop that sells food products in small quantities like boxes of matches, instant coffee packets, shampoo packets, salsa packets, rice, beans, sugar, milk, eggs, bread, soap, and detergent, which is located in her house. She dedicates herself to her business, offering products for 12 hours daily. The objective of this loan is to invest in work capital and stock her business so that in the not so distant future she can make better earnings. The communal bank San José is grateful for the help from the financiers from Kiva, which provide the people with a few resources in poor countries like Nicaragua to have the means to make a decent living.

In this group: Maribel , Felix Ramona , Modesta , Irma , Jacinta Del Socorro , Hipolita , Floribel , Rolando Jose

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Translated from Spanish by Kiva volunteer Jennifer Gilbert



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