Amigas Unidas Group

ELIZABETH ROSARIO ARANCIAGA PAREDES is 36 years old, married, and has two children aged 17 and 20 respectively. She is a member of the “Amigas Unidas” group along with 6 other members, who are all very enthusiastic and entrepreneurial.

Two years ago, Mrs. Elizabeth decided to start selling fish in the “La Hacienda” Market in a rented booth, which she named “Pescados y Mariscos Charito.” She says that this work is very burdensome, because she has to get up very early every day without exception in order to have the lunch ready and to go buy fish and shellfish in the wholesale market. Her husband helps her, staying to care for their still quite young children, helping with the business, and doing the household chores.

With this job, she has been able to buy some land, where she has been able to build, little by little, the house in which her family currently lives, and she has been able to, above all, pay for her eldest daughter's university tuition. Her greatest wish is to buy a stand in the market where she works so she can stop paying rent and buy a taxi she can rent, which would provide additional income. She is already planning how she will pay for her younger son's university tuition when he starts next year.

Translated from Spanish by Julia Kastner, Kiva Volunteer

ELIZABETH ROSARIO ARANCIAGA PAREDES; de 36 años de edad, es casada y tiene 2 hijos de 17 y 20 años. Ella integra del grupo “Amigas Unidas” junto con 6 integrantes mas, quienes son muy entusiastas y emprendedoras.
Desde hace dos años, la Sra. Elizabeth se dedica a la venta de pescado en el Mercado “La Hacienda”, en el puesto que alquila y el cual bautizó con el nombre de “Pescados y mariscos Charito”. Nos menciona que éste trabajo es muy sacrificado ya que debe madrugar todos los días sin excepción para dejar listo el almuerzo y salir a comprar los pescados y mariscos en el mercado mayorista. Tiene el apoyo de su esposo quien se queda al cuidado de sus hijos que ahora ya son jóvenes y también la apoyan tanto en el negocio como con los quehaceres de la casa.
Con su trabajo, ha logrado comprar su terreno, donde ha podido levantar poco a poco la casita en donde viven actualmente y sobretodo el pago de estudios universitarios de su hija mayor.
Su mayor deseo es adquirir un puesto en el mercado donde trabaja para dejar de pagar alquileres y comprar un taxi que pueda alquilar y le de otro ingreso. Ella se está proyectando, ya que su hijo menor el próximo año debe iniciar sus estudios universitarios.



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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