Perlas Y Diamantes Group

Angélica represents the Perlas y Diamantes group, which is comprised of 12 members. They are in their second cycle with the Institution. They demonstrate responsibility, honesty, and the desire to get ahead in order to keep growing with the economic support the Institution offers them. The majority of the members sell products like clothes, party favors, cosmetics, food, and sweets. They also are involved in activities like maid service and running Internet cafes.

The effort they have been making since their first cycle is recently starting to bear fruit. The newly needed loan is for business growth and an increase in merchandise to be able to offer a better quality and more competitive product to the market.

The members’ expectations are to have a productive business that gives their families a better quality of life and a better education for their children.

Translated from Spanish by Ginny Kalish, Kiva Volunteer

El grupo “Perlas y Diamantes” están representadas por la señora Angélica y conformada por 12 miembros ellas van cursando su segundo ciclo con la institución demostrando responsabilidad, honestidad y ganas de salir adelante para seguir creciendo con el apoyo económico que se les brinda la institución. La mayoría de las socias se dedican a la venta de productos como ropa, cotillones, pan, cosméticos, comida, dulces y al servicio domestico y a la atención de cafés Internet. El esfuerzo que vienen realizando desde su primer ciclo recién empiezan a tener frutos por lo que le nuevo requerimiento del crédito estar destinado al crecimiento de sus negocios y al incremento de su mercadería para ofrecer al mercado un producto de mejor calidad y mas competitivo. Las expectativas de las socias es tener un negocio productivo que les brinde a sus familias una mejor calidad de vida y una mejor educación para sus hijos.


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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