Las Amigas Group
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A loan helped to use the capital of her second Kiva loan to buy tools to maintain the food cart, and buy food ingredients and new shoe styles.
Las Amigas Group's story
The group secretary is Glenda, who lives with her husband and 4-year-old son. She is 25 years old and has received a certificate as an accountant. Glenda has occasionally worked in her profession. However, four years ago she decided to start her own businesses selling parts and shoes by catalog. In order to increase business inventory, Glenda requests a second Kiva loan. She will buy an umbrella to protect her product, tools for her food cart, and new shoe styles.
In the monthly meetings, Glenda and her companions participate in training on business, health and entrepreneurship. This is part of the Microcredit Plus program of Puente de Amistad [Friendship Bridge], which empowers women through access to loans, training, and preventive health. Glenda has learned to avoid over-indebtedness and to be responsible.
Kiva lenders are important and a development bridge for these women.