A loan of $625 helped a member to invest in the working capital and to stock up her business with edible products such as rice, beans, sugar, milk, eggs, as well as detergent and soap.

Evenecer Group's story

The communal bank "Evanecer" is made up of eight members: they are single mothers who want to better themselves. They are from El Sauce, in the northwestern part of the country. The members like to spend their free time with their families, and prepare typical meals, such as "Carne de Baho" (a meat and yucca dish), for them. Sadly, none of the members were able to pursue higher education and have had to work from a young age.

Thanks to her hard work and desire to get ahead, Luz Marina is the coordinator of the communal bank, and earns her living from a "pulpería" located in her house. A "pulpería" is a small shop that sells edible products in small amounts, such as rice, beans, sugar, milk, bread, eggs, as well as detergent and soap. For 12 years, she has been earning her living by selling these products.

The loan will be used to invest in working capital and stock up on supplies so that Luz Marina can increase her sales in the near future. The communal bank "Evanecer" is grateful for the help that Kiva investors provide to people with limited resources in poor countries such as Nicaragua, allowing them a decent means of earning a living.

In this group: Maria Lourdes , Marisol Del Socorro, Sobeida, Josefa Tereza, Luz Marina, Fatima Raquel , Vilma Leana, Delmer Jose*
*not pictured

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Translated from Spanish by Kiva volunteer Deepti Limaye

Loan details

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Loan details