A loan of $2,100 helped a member to invest in cosmetics such as perfumes for men and women, eyeliner, nail-polish, lipstick, facial masks, hand cream, foot cream, facial cream, body lotion, new clothes such as men's and women's pants, shirts, t-shirts, tops, shorts, etc.


Las Guadalupanas Group's story

This group consists of six entrepreneurial members and one of them is Luisa who is 32 years old, in a relationship, and has four children aged 13, 10, 9 and five. Luisa has been working for 10 years selling Avon cosmetics and has been a client of this microfinance institution for two years where she has proven to be responsible in paying back her loans. Her oldest son helps her with the marketing of the cosmetics.

This loan will be invested in cosmetics such as perfumes for men and women, eyeliner, nail-polish, lipstick, facial masks, hand cream, foot cream, facial cream, body lotion, new clothes such as men's and women's pants, shirts, t-shirts, tops, shorts, etc.

Hazel is 26 years old and works selling new clothes; Virginia is 28 years old and works selling automotive parts; Noemi is 60 years old and works selling foods, ice, soft drinks, and juices; Maria is 63 years old and works selling foods, soft drinks, juices, nacatamales [a Nicaraguan dish], ice, and ice cream; and Angela is 52 years old and works selling cosmetics, air fresheners, and second hand clothing.

In this group: Angela Rosa, Luisa Amanda, Maria Leticia, Hazel Karina, Noemi Del Socorro, Virginia Del Socorro

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Translated from Spanish by Kiva volunteer Isabel Valencia



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