A loan of $2,900 helped a member to stock her store.


Banco Comunal Las Mariposas Group's story

Las Mariposas Communal Bank is made up of 10 members, responsible mothers with 15 children in their care. They're from El Sauce, located in the northern part of the country, and are known for being hardworking and responsible and for having a desire for personal growth. Unfortunately they were unable to attend school because they lacked the resources. Currently they're striving to give their children a better future.

María's the coordinator thanks to her effort and a desire to get ahead. Her business is a "pulpería," a small grocery store that sells small quantities of food such as rice, beans, sugar, milk, bread, detergent, oil, matches, eggs, juice, and soda. She works about 12 hours a day, and does so with great pleasure.

The goal of María's loan is to invest in working capital and buy and sell food products to stock her store so she can earn more income in the near future.

Las Mariposas Communal Bank is grateful for the help that Kiva lenders give to low-income people and poor countries such as Nicaragua so they have the means to decent work.

In this group: Maria De La Cruz, Marina, Jeanette Del Socorro, Pabla Teresa, Danelia Francisca, Alma Rosa, Maria Eulogia, Lilliam, Eugarria Patrocinia, Maria De Los Angeles

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Translated from Spanish by Kiva volunteer Catharine Wall



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Loan details