Funded

Total loan: $475
Powered by 17 lenders

El Encanto Group

Nicaragua
Masaya, Nicaragua / Flowers

A loan of $475 helped a member to buy 'Black Prince' roses, 'Sea Spray' roses, 'Super Carmen' roses, 'Colombian' roses, 'Blaze' roses, 'Beautiful Firmament' roses, etc.


El Encanto Group's story

This group is made up of three micro businesswomen. One of them is Magdalena. Magdalena is 51 years old, widowed, and has three adult children. Her business is running an ornamental plant nursery in the Mata Guayaba district of Masaya. She has run this business for 12 consecutive years and her eldest son helps her out.

Magdalena will invest the loan money she has requested in buying "Black Prince' roses, 'Sea Spray' roses, 'Super Carmen' roses, 'Colombian' roses, 'Blaze' roses, ''Beautiful firmament' roses, etc.

Rita is 33 years old and also has a plant nursery business. Elia is 37 years old and her business is selling tamales.

In this group: Magdalena , Rita Maria, Elia Maria
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard



Loan details

Loan length:

7 months
Disbursed date: March 26, 2013
Facilitated by Field Partner: ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: March 26, 2013
Facilitated by Field Partner: ADIM (Asociación Alternativa Para el Desarrollo Integral de las Mujeres)