A loan of $3,350 helped a member purchase supplies for their businesses.

Las Perlas Group's story

This community bank consists of 11 members and it is on its fifth loan cycle. The directive board is as follows: Victoria B. C. is the president of the bank, elected unanimously by the group. She is 21 years old and lives in the Virgen D. Fátima neighborhood in a rented home with her husband Henry Balcázar and their two children, both of whom are still in school. Victoria works two jobs: one at the Sagardi restaurant and the other selling cosmetics, promoting the Yanbal line of products. Her goal is to invest in a fixed business. In other words to have her own salary. Gladyz M. Limachi D. T. is the treasurer of the bank. She was born in Paz Murillo but has lived in Santa Cruz for the past eight years. She lives in a rented home in the Bibosi D. la Guardia neighborhood with her husband Rolando and their three children. She has a business selling food, which she does from her home. Rolando works as a construction worker. Their dream is to buy their own home. Luis Frenando Irigyen Q. is the group's secretary. He is a young man of 19 with a strong desire to work. He was born in Andrés Ibáñez province and lives in his family's home. He makes a living selling cereals, and he wants to continue working until he completes his degree because his parents don't have the resources to support him economically.

In this group: Marisol, Silvia, Ilsen, Victoria, Jessica, Terecita, Marcial, Maria Ingrid, Gladys, Janneth Marisol, Luis Fernando

Translated from Spanish by Kiva volunteer Marty Greenstein

Loan details

Lenders and lending teams

Loan details