Funded

Total loan: $1,050
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Manzana 1 Group

Nicaragua
Puerto Cabezas, Nicaragua / Grocery Store

A loan of $1,050 helped a member to buy merchandise for her grocery store.


Manzana 1 Group's story

The Solidario Manzana 1 communal bank is comprised of six hard-working women from the El Wawa community. It is located one hour from the Puerto Cabezas municipality. They organized recently with the goal of improving their quality of life and buying merchandise through their first loan.

Romelia is a 21 year old young woman. She is married and has three children. The oldest is seven and goes to the community school. She has two younger children, and her husband is in the military.

In order to have her own source of income, she established a small grocery store in a strategic location two years ago. The population travels by this location headed to different municipalities and communities in the Región Autónoma del Atlántico Norte (RAAN) and towards Managua.

She is requesting her first loan to buy merchandise in Puerto Cabezas. She will buy basic grains, snacks, soft drinks, and purifies water, among other items. Her dream is to expand her grocery store.

In this group: Estela , Lesbia , Romelia , Rosa , Rosibel , Silvia
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

6 months
Disbursed date: June 5, 2014

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: June 5, 2014