Micaela Villegas Group

The Micaela Villegas Communal Bank is a closely-knit group made up of 10 members who are punctual, supportive and positive.

María, the group president, is a single mother of 5 children. She has been operating a school lunch counter for one year. During the holidays, she sells sweaters to help with the home expenses.

Eduardo is the group secretary. He is a skillful person who sells beer at a business that he inherited from his parents. Eduardo hopes to become a wholesale distributor.

Mary Poma is the group treasurer and operates a photocopying business. She will use her loan to upgrade her copying machines.

Other members have different businesses such as selling clothing, breeding and selling pets, cosmetics sales, tailoring, etc. Thanks to the loans, they can generate income on which their families depend.

Translated from Spanish by Ronan Reodica, Kiva Volunteer

ALCANCIA COMUNAL
MICAELA VILLEGAS

La alcancía Comunal Micaela Villegas es un grupo muy unido conformado por 10 integrantes las cuales son personas puntuales, solidarias y positivas.

La presidenta María es madre soltera y tiene 5 hijos, ella se dedica al negocio de la Lonchera Escolar desde hace un año, y durante las vacaciones vende chompas y así puede ayudar en casa.

Eduardo es el Secretario del grupo, es una persona muy hábil que se dedica a la venta de cerveza que es un negocio heredado de sus padres. Tiene como objetivo hacer de su negocio una distribuidora al por mayor.

Mary Poma es la tesorera del grupo y tiene su negocio de fotostática, el crédito será destinado al mejoramiento de las máquinas fotocopiadoras.

Los demás socios tienen diferentes negocios como venta de prendas de vestir, crianza y venta de mascotas, productos de belleza, servicio de confecciones, etc. que gracias a los créditos pueden generar ingresos ya que de ello depende el sustento de sus familias.




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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