A loan of $2,375 helped a member working capital.

Los Obreros Group's story

The communal bank named "Los Obreros" is represented by Demetrio and is maD. up of 12 persons who work in different activities, such as making wood furniture, the sale of food, empanadas, meat, groceries in neighborhood stores, fruits and vegetables. Each one of the members knows that there is a lot of competition in the market but they also know that they must work hard at their sales since this means daily income and support for their families. They need financing in order to be able to get more merchandise at lower prices as well as buy supplies so they can offer a product which can compete in the marketplace. This group is relatively new and does not have much experience with support groups, but they are aware that it requires a greater effort to fulfill their obligations with the group and the loan institution in order to improve their families´ standard of living.

In this group: Demetrio, Maria Bartola, Alejandrina, Claudia, Encarnacion, Precila, Leonida, Carmen Maria, Justo, Rosa Maria*, Martha, Rosa Elena
*not pictured

Translated from Spanish by Kiva volunteer Molly Puglisi

Loan details

Lenders and lending teams

Loan details