A loan of $2,575 helped a member operating capital.

Señor De Milagros 2 Group's story

Macaria represents the Señor D. Milagros group. It is comprised of 11 members, 5 men and 6 women. They are friends who have known each other for a long time because they all live in the same neighborhood.

Andrés is a member who stands out in the group. He is a bricklayer, and he is a very hard-working man. During the day he works on big jobs with contractors, and in the evenings he works on small jobs in private houses. His wife helps him in order to be able to get greater income and give their children a better quality of life. He lives in a rental until he is able to get together the money to buy a lot and have his own house. To do this he needs to keep working to fulfill his dream. Andrés will use the loan to buy tools to put down tiles and be able to do more jobs in less time.

The other members of the group work at different commercial activities like selling chicken, selling yogurt, selling meat and vegetables, a store, carpentry, and one member is a mechanic. Competition exists, but the members are well known because they have lived in the area for over 25 years, and they have established customers.

The loan is for operating capital and investment in their businesses. In the future they plan to expand in the market from where they are with us. Most of them have experience with communal banks thanks to loans with entities similar to the Agrocapital Foundation.

In this group: Macaria, Alberta, Olga , Ariel, Margarita, Lidia, Grober Fernando, Dolores Altagracia, Andres*, Orlando, Omar Alejandro*
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details