A loan of $2,500 helped a member capital de Operaciones.

Renacer De Vino Tinto Group's story

The community bank named "Renacer de Vino Tinto" (the rebirth of Vino Tinto) is made up of twelve members who, for the most part, live in the Vino Tinto zone, from where they get their name.The members of the group are mainly seamstresses and blanket weavers, but they are also dedicated to selling groceries in neighborhood shops, as well as food and produce in the market. The need a loan in order to purchase raw materials and tools such as fabric, thread and wool in order to improve their earnings. The members' market is highly competitive since a majority of people from the area are dedicated to the same job. They need financing in order to provide better quality products and increase their earnings for the betterment of their homes. Since, in general, they perform their work at home, they dedicate more time to their children and families, and the delivery of handsewn sweaters and textile clothing gives them the option to improve and grow their small businesses. This is a relatively new group that has little loan experience. However, with enthusiasm and the desire to work, they know they have the option of counting on the economic support of Agrocapital Foundation.

In this group: Delina, Carminia*, Policarpio, Asunta Virginia, Lidia, Amanda Rocio, Lidia Silveria, Beatriz Eugenia, Sabina, Luz Maria*, Aracely, Genoveva
*not pictured

Translated from Spanish

Loan details

Lenders and lending teams

Loan details