Aracelis Cornelio's Group

This group of women headed by Aracelis will be the first one to receive a loan through Kiva in this community. Zambrana is a rural community characterized by increasing poverty and high unemployment. Most of the men are farm workers, and the women are housewives. The lack of capital doesn't allow all people to start a business, and generally poor people don't meet the requirements to get a loan from the local banks.
Aracelis couldn't hide her joy after being told that she and her group would receive a microloan to help her strengthen the small business she started just fifteen days ago with her husband's help. She sells fried chicken and vegetables. Aracelis says that she cooks like nobody's business, and that her original recipe will help her to capture a large number of clients in the market.
With her loan, Aracelis will be able to buy fresh meat, vegetables, spices and other goods to prepare her tasty fried chicken. Aracelis believes that with this loan, she'll be one step closer to reaching her goals and to supporting her three children's educations.
The members of Aracelis' group are:
Ramona Belen Morey, to buy chicken and pork meat to sell fried food.
Margarita Belen Lora, who retails used clothing.
Equilina Cruz Vasquez, who sells fried food.
Carlista Garcia, who sells clothing and beauty products in her community.
Photo shows from left to right: Aracelis, Ramona, Margarita, Equilina, and Carlista.





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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