A loan of $2,200 helped a member invest as working capital and to increase levels of stock.

Vecinos Unidos Group's story

The community bank of Vecinos Unidos (Neighbours United) is made up of 9 members, seven women and two men. Fathers and mothers who are responsible for 15 children between them, they are originally from Malpaisillo, situated in the north of the country. They are hard working, responsible people, who want to personally be successful and who enjoy spending their spare time with their family. This is an activity they enjoy a lot as these people have to work from early morning to late to provide food for their family. Unfortunately they could not study and saw the need to work from an early age to help with household expenses.

Thanks to their efforts and desire to succeed, the coordinator of the group/bank is Mabel who sells dairy products like curd, milk, both from her home and as a traveling vendor. She spends about 8 hours a day selling her products. The purpose of the loan is to invest as working capital and to stock up her business by buying milk and curd, so that in the near future she can get a better income. The Vecinos Unidos community bank thanks Kiva lender for the help they provide to people with few means and to poor countries like Nicaragua to allow them to have a means of dignified work.

In this group: Erika Patrica, Elias Jose, Juana Maria, Mabel De La Concepcion, Maria Magdalena, Nereyda Carolina, Mercedes Estela, Luis Alberto, Jenny Griselda
*not pictured

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Translated from Spanish by Kiva volunteer Ines Teles

Loan details

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Loan details