A loan of $2,425 helped a member buy stock for her small store.

Nuestra Esperanza Group's story

The Nuestra Esperanza Communal Bank is composed of 8 women, all single mothers who together have ten children in their care. All belong to the community of El Sauce which is located in the west part of the country. They are all hardworking, responsible, and with a great desire to get ahead. In spite of many difficulties, they have dreams and goals and aspirations like any person. For these reasons they work hard every day to provide a better future for their children.

Francisca Milagros is the bank coordinator. She earns her living running a ‘pulpería’ in her home. A pulpería is a corner store selling products in small quantities such as packets of coffee, shampoo, boxes of matches, cigarettes, rice, beans, bread, milk, eggs, and salt. She works twelve hours a day serving customers in the store. It’s a job she enjoys as it has provided a way to support her family. Francisca is applying for a loan to use as working capital and buy stock so that she will soon be able to earn more money. 

The community bank Nuestra Esperanza is grateful for the funding provided by Kiva donors to poor people and poor countries like Nicaragua so they can work with dignity.

In this group: Yadira Antonia, Juana Epifania, Francisca Milagros, Angela Del Socorro, Martha Lorena, Martha Lorena, Zayda Del Socorro, Maria Eufemia

Translated from Spanish by Kiva volunteer Jane A

Loan details

Lenders and lending teams

Loan details