Total loan: $5,000

Community Bank Of Canglon Group

Canglon, Darién Province, Panama / Services

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A loan helped to provide basic financial services and financial inclusion to all of the community bank's members.

Community Bank Of Canglon Group's story

The Community Bank of Canglon is located in Darien, Panama and has 5 years of establishment. Canglon is a small rural community that is mostly made up of farmers. The main products of this community are cocoyam, ginger, and plantain.

The Community Bank of Canglon is a small financial institution that provides the members of the community the ability to have savings, take out small loans, and have access to financial literacy. A lot of members in this community are financially excluded from more traditional financial institutions, but the Community-owned Bank provides these members a chance at financial inclusion in their own community.

Over 95% of the members are women. The members are very committed to the growth of the rural bank since it has given them the opportunity to improve their quality of life. By giving a loan to the Community Bank of Canglon, you are providing access to financial services and creating jobs during the crucial planting season.

In the photo: Catalina (founding member and president), Mrs. Guillermina (secretary), Ana (treasurer), Virginia (board member) and Mrs. Diana (Vice-secretary).

This community bank receives weekly monitoring and training from Global Brigades staff, guaranteeing transparency, empowerment, and financial inclusion for the inhabitants of Canglon.

Join us in helping Canglon provide financial inclusion!