A loan of $975 helped a member to invest in working capital and stock her grocery store with items such as rice, sugar, milk, bread, beans, oil, juices, and eggs.


Grupo La Fe Group's story

The community bank Grupo La Fe [The Faith Group] is made up of nine members -- one man and eight women. They are from Malpaisillo, a place that is situated in the western part of the country. These people describe themselves as being hardworking, responsible, with good habits, and with a desire to improve themselves. Unfortunately, due to a lack of economic resources, they were not able to study for a degree and found themselves having to work from a young age. For this reason, they work hard in order to provide a better future for their children. The coordinator of the community bank Grupo La Fe is Juana, and her business is a pulpería, located in her house. A pulpería is a small store that sells groceries in small quantities such as rice, sugar, milk, bread, beans, oil, juices and eggs. She dedicates around 12 hours a day to her business. The goal of the loan is to invest in capital and to stock her business so that in a not-so-distant future, she can get better earnings. The community bank Grupo La Fe is grateful for the help that Kiva investors provide to people with limited resources and to poor countries like Nicaragua so that they can make a respectable living.

In this group: Juana Regina, Lorenza De Los Angeles, Juana Johana, Emilia Del Carmen, Santos Patricia, Juana Adilia, Gilberta, Gilma Del Rosario, Lesther Salvador
*not pictured

Translated from Spanish by Kiva volunteer Deepa Ramesh



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