A loan of $4,025 helped a member to buy jewelry.

San Agustin Group's story

The San Agustín communal bank is comprised of six women who live in a town called Coapilla. In this town they celebrate the Fiesta of the Blessed Virgen of Candelaria, the patron saint of the town.

Emily was interviewed. She is married to Máximo, and they have three married children.

She is requesting the loan to buy jewelry for her customers’ personal use. She will buy things like necklaces and bracelets, among others. She has been working for two years and four months. She says that it is going well for her because, through her business, she has been getting income for her household.

She started this business activity in order to support her husband with the household income. He works in the field, and with her support they are not limited by the expenses their household generates. What she wishes is that with her small business activity she will ge able to continue getting ahead as long as God grants her life.

The members of the group are:
Consuelo, who will buy supplies for her stationery business.
Julia, who will buy corn and rice in order to sell it by the kilo.
Esperanza, who will buy farm-raised chickens to butcher and sell.
María del Carmen, who will buy the ingredients to make bread.
María Antonio, who will buy fruit and vegetables.

In this group: Consuelo, Julia, Emilian, Esperanza, Maria Del Carmen, Maria Antonia

Translated from Spanish by Kiva volunteer Ginny Kalish

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Loan details