A loan of $3,000 helped a member work capital.

Nuevo Amanecer Group's story

The group "Nuevo Amanecer" is represented by Mrs. Catalina and has 12 members who obtain their income in different ways. Some sell products such as homemaD. bread, clothes, groceries, and food, but a majority of the group works in public transportation of passengers. The demand within public transportation of passengers is high but so is the competition, and for that reason the members require capital to buy spare parts for the vehicles and be able to offer a better and faster service without mecanical complications. The members who work in sales need capital to purchase supplies and material to improve sales and increase income in order to offer a better life quality to their families. A majority of the members of the group are in their third season together showing aptitudes in the management and administration of the loans and responsibility with the payments.

In this group: Catalina, Javier*, Damaso, Maximo, Filomena, Maria Teresa, Rebeca Roxana, Roxana Martha, Fabiana, Marco Antonio*, Monica, Olga
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer lene struck

Loan details

Lenders and lending teams

Loan details