A loan of $1,450 helped a member to invest in working capital and to stock her retail business with food and other items, such as rice, beans, sugar, milk, bread, juices, washing detergent and eggs.


G.s Fe Y Esperanza Group's story

The communal bank Fe y Esperanza [Faith and Hope] comprises four people – three women and one man –, all responsible parents with 10 children in their care. They are from the Sauce area, which is located in the north of the country. This group is known for its hardworking and responsible members, who are eager to do well in life. Despite not being able to complete basic studies due to a lack of economic resources, the members continue their daily struggle to provide a better future for their young children.

Thanks to her energy and desire to get ahead, Florentina is the group’s coordinator. She carries out the economic activity of a “pulpería”, which is located in her house. A “pulpería” is a small store that sells food and other items, such as rice, beans, sugar, milk, bread, juices, washing detergent and eggs, in small quantities. She works in the business 12 hours a day selling her goods.

Her objective for the loan is to invest in working capital and to stock her retail business with goods. She hopes that in the not too distant future she will be able to obtain better income. The communal bank Fe y Esperanza is grateful for the help given by the Kiva investors to people who have few economic resources and in poor countries like Nicaragua so that they can have the means to have a decent job.

In this group: Florentina, Escoslastico Alis, Luz Marina, Jasmina De Los Angeles

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Translated from Spanish by Kiva volunteer Suzanne Carey



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