Coca Cola Group

The "Coca Cola" group is repesented by Maria Luisa. She owns a small neighborhood store where she sells candy, groceries and basic goods. More than half of the group works in agriculture or raise cattle, pigs or fish. Some have small stands in the central market. They are hard-working people with a desire to get ahead. They are completing their third cycle with Fundacion Agrocapital and are familiar with group loans. During the time they have worked with Fundacion they have shown punctuality and great care in meeting their payments with this institution and with the group. The purpose of this loan is to increase their inventory as well as to buy supplies, tools, and materials for their different activities, particularly for the Christmas season when sales increase for their different products and animals.

Translated from Spanish by Molly Puglisi, Kiva Volunteer

El Grupo "Coca Cola" esta representado por la señora Maria Luisa, ella posee una pequeña tienda de barrio en la cual vende dulces, abarrotes y productos en general, mas de la mitad del grupo se dedica a la agricultura o a la cria de vacas, chanchos y pescados, algunos tienen pequeños puestos de venta en el mercado central. Son gente emprendedora y con ganas de progresar ellas(os) ya se encuentran cumpliendo su tercer ciclo en la Fundacion Agrocapital, por lo que conocen el trabajo en grupos solidarios. En el periodo de tiempo que trabajaron con la Fundacion han demostrado puntualidad y esmero en los pagos y cumplimiento con la Intitucion y a su mismo grupo. El destino del financiamiento es para el incremento de productos a la venta, asi como para la compra de Insumos, Herramientas y materiales para sus diferentes actividades en especial para la epoca navideña donde se incrementa la venta de los diferentes productos y animales.


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

Subscribe