Total loan: $1,900

Capeti Calle Abajo Community-Owned Bank

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Capeti Calle Abajo, Panamá, Panama / Agriculture

Capeti Calle Abajo Community-Owned Bank's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to provide working capital for the farmers of an indigenous community-owned bank.

Capeti Calle Abajo Community-Owned Bank's story

Capeti Calle Abajo Community-Owned Bank is in a small, rural, and remote indigenous community that is mostly made up of farmers. The main products cultivated by the farmers of this community are rice, corn, plantains, cocoyam, and cassava.

The Capeti Calle Abajo Community-Owned Bank is a small, women-led financial institution that provides the members of the community with 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 with a chance at financial inclusion in their own community.

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-Owned Bank of Capeti Calle Abajo, you are providing access to financial services and creating jobs during the cocoyam and plantain planting season.

Today, they are applying for their first Kiva loan to access working capital for their members to buy seeds and invest in their crops.

Thank you for contributing to the financial resilience of community-owned banks in indigenous communities that have been historically excluded from basic financial services.

In the photo: Lavinia (Treasurer), Hilda (President), Bilian (member) Martin (Secretary)