A loan of $1,300 helped a member to invest in working capital and stock her business by buying ingredients for making curd, such as milk and rennet.

Nuestra Señora De Guadalupe Group's story

The communal bank Nuestra Señora de Guadalupe (Our Lady of Guadalupe) is made up of nine members, mothers who are caring for their children. They are from Sauce which is located in the northern part of the country and is known for its production of milk, cheese and cream. These are hard-working, enterprising women with a strong desire for personal advancement. Unfortunately, they could not go to school and have been working since they were very young to help with household expenses.

Thanks to her efforts and desire to get ahead, Segunda is the bank coordinator. She earns her livelihood by selling curd from her house and also door-to-door. This woman's work routine is to get up very early to prepare for her sales, and then she spends about eight hours each day selling door-to-door. The purpose of the loan is to buy more ingredients for making curd, such as milk and rennet so that in the not-too-distant future she will have a better income. The communal bank Nuestra Señora de Guadalupe is grateful for the help that Kiva investors offer to people of limited resources and poor countries like Nicaragua so that they might have a dignified way to earn a living.

In this group: Gloria Del Carmen, Petrona Del Carmen, Segunda, Rosa Argentina, Mireira Del Carmen, Maria Auxiliadora, Claudia Mercedes, Marta Lorena, Virginia De Jesus

Translated from Spanish by Kiva volunteer Marcia Margolis

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