A loan of $3,500 helped a member to invest in working capital and to buy groceries.

De Confianza Los Cerritos Group's story

The communal bank Confianza los Cerritos is made up of eleven women and one man, responsible parents with 20 children in their care. They are from Malpaisillo in the central part of the country. These people are known for being hard-working, responsible, and with great drive to succeed. In their spare time they enjoy the company of their children. Unfortunately, due to lack of economic resources, they weren't able to study and had to work from an early age.

Thanks to her endeavour and ambition, María is the coordinator of the communal bank and her business is a "pulpería" located in her home. A pulpería is a small store which sells basic goods in small quantities, such as rice, beans, milk, bread, eggs, detergent, soap, coffee, and juices. She works 12 hours a day in her store.

The purpose of the loan is to invest in working capital and to stock her store so that in the not-so-distant future she will able to improve her income. The communal bank Confianza los Cerritos is grateful for the help offered by the Kiva lenders to people with scarce resources in poor countries like Nicaragua, so that they can have a decent means of work.

In this group: Dominga Yabett, Alda Maria , Ana Patricia , Maria Elisett, Ileana Jose, Edipcia Del Socorro, Paublo Seferino, Herminia, Tania Veronica, Bertha Rosa, Elena Aurora, Andrea Ramona

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Translated from Spanish by Kiva volunteer Isabel Valencia

Loan details

Lenders and lending teams

Loan details