Amanecer Group

"Amanecer" (Dawn) is a group of very pleasant ladies who patiently await the start of their meeting, chaired by María Fernández. They have formed a group because they need working capital. They all have their own business, some of them are selling toys, vegetables or food and need a loan to buy merchandise, others are producing jackets, woven aguayo (a multicolored cloth) or sweaters and need a loan to buy fabric and wool.

One of the group members, Baciliza Calamani, who is approximately 40 years old, said she serves food (broaster chicken) at her home in the area of Bautista Zaabedra and saw the need to buy a larger kitchen to fry more chicken and meet her customers' demand.

Translated from Spanish by Robert Mouris, Kiva Volunteer

“Amanecer” es un grupo de señoras con mucha simpatía, todas esperan pacientemente el inicio de su reunión a la cabeza de su presidenta María Fernandez, ellas cuentan que se agruparon por la necesidad de contar con un capital de trabajo, todas tienen sus propios negocios como ser la venta de juguetes, verduras y comida, requieren el préstamo para comprar mercadería, otras se dedican a la producción de chamarras, tejido de aguayo (tejido colorido) y chompas, ellas necesitan el préstamo para comprar tela y lana. Baciliza Calamani, una de las integrantes de aproximadamente 40 años de edad, indica que ella vende comida (pollos a la broaster) en su domicilio que está ubicado en la zona Bautista Zaabedra y ha visto la necesidad de comprar una cocina más grande que le permita fritar mayor cantidad de pollos y poder cubrir su mercado.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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