A loan of $4,225 helped a member working capital.

20 De Noviembre Group's story

The “20th of November” group is represented by Eloina Jenny. This is a new group made up of 21 people, 6 men and 15 women, all of whom have different businesses. The men work in transportation, some of the women sell groceries from their home, others sell a variety of products such as baked turnovers in the schools and plazas. Their competition is low as they go where the people are familiar with their products and know the quality of their products. The financing is to buy consumable materials and to repair the equipment used in their work in order to earn a greater daily income and provide a better quality of life in their families. The experience of the members in such a group is minimum but they know that they need to demonstrate responsibility and honesty in order to meet their obligations and be able to access future loans.

In this group: Eloina Jenny, Victor Alfonzo, Luisa, Silvia Maria, Isidro, Lucy*, Pedro, Maria Esther, Elisabet*, Gladys, Virginia, Angelica, Savina , Dorys, Heriberta, Yonny, Deterlino, Magaly*, Miguel Ronald, Erminia, Sofia
*not pictured

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Translated from Spanish by Kiva volunteer Cindy Kendall

Loan details

Lenders and lending teams

Loan details