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A loan of $3,325 helped a member to invest in her business and stock her store with products such as shampoo, matches, cigars, rice, beans, sugar, milk, bread, eggs, detergent, vegetables, and tiste.

Las Mariposas Group's story

The communal bank Las Mariposas has ten members, single mothers responsible for 15 children. These women are from El Sauce in the northern part of the country. They are characterized by being hard-working, responsible, and eager to improve their situation. Unfortunately, they didn't get an opportunity to study because of lack of economic resources, and found themselves forced to work from an early age in order to help out with the expenses of the household. Therefore, they struggle every day to assure a better future for their children.

Daniela is the coordinator of the communal bank Las Mariposas, and runs a corner store in her home. In this little store she sells food products and consumer goods in small quantities such as shampoo, matches, cigars, rice, beans, sugar, milk, bread, eggs, detergent, vegetables, and tiste [a drink made from corn]. She works about 12 hours daily in her store, selling her products. The purpose of the credit request is to invest in small quantities of food products, in order to increase her income in the near future.

The communal bank Las Mariposas is grateful to Kiva lenders for the help they offer to people with scarce resources and to poor countries like Nicaragua, so that they can earn their living by means of decent work.

In this group: Eugarria Patrocia, Mercedes Del Carmen, Maria De La Cruz, Liliam, Danelia Francisca, Pabla Teresa, Janette Del Socorro, Marina, Maria Eulogia, Alma Rosa

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Translated from Spanish by Kiva volunteer Isabel Valencia

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