Rinconcito Del Cielo Group

“Rinconcito del cielo” (a little corner of heaven) is a community association that belongs to the Centro Focal Panamericana. They have belonged for approximately 5 years. One of the founders of the group is Sofia Mollo who is currently the president. She says that they joined together for the need for access to credit and to begin their own business that will allow them to generate income to provide food, clothing and shelter to their families. Currently all of them have their own businesses such as selling food, shoes, candles, potatoes, cheese, bags, fruits and sewing skirts. They need the loan to buy merchandise (shoes, candles, potatoes, cheese, bags, tangerines, oranges and fabric).

They are very pleased to share and say that they are forgetting their problems.

Translated from Spanish by Machelle Wilson, Kiva Volunteer

“Rinconcito del cielo” es una Asociación Comunal que pertenece al Centro Focal “Panamericana”, están juntas hace aproximadamente 5 años, una de las fundadoras del grupo es Sofía Mollo, que actualmente es la presidenta, cuenta que se agruparon por la necesidad de acceder a un crédito y de iniciar un negocio propio que les permita generar ingresos para darles alimentación, vestimenta y techo a sus familias. Actualmente todas tienen sus propios negocios como la venta de comida, zapatos, velas, papa, queso, maletines, fruta y confección de faldas y necesitan el préstamo para comprar mercadería (zapatos, velas, papa, queso, maletines, mandarina, naranja y tela).

A ellas les agrada mucho compartir, dicen que se olvidan de sus problemas.



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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