A loan of $2,975 helped a member operating Capital.

Santiago Parada Group's story

The members of the Santiago Parada Loan Group are represented by Silvia. The group consists of twelve members, among whom there is a family relationship between Señora Sonia and Señora Luz Marina who are sisters but who have independent incomes. In general, the members are engaged in the sale of products such as cosmetics, shoes, CD's, clothing and prepared food. As in any business situation, there is the competition of supply and demand for products but the group members know that they must respond to this with work and effort. The loan is intended for product diversification such as for the acquisition of materials, ingredients and tools that will help to generate greater incomes for the sustenance of their families.
Despite the fact that this is a relatively new group, they have experience in solidarity groups thanks to their particpation in entities similar to the Fundación Agrocapital which is giving them economic support for their growing projects.

In this group: Silvia, Elizabeth, Carlos, Sergio Denny, Justa, Daniela, Fidelina, Sonia, Luz Marina, Katherine Marioly, Sofia, Gaby
*not pictured

Translated from Spanish by Kiva volunteer

Loan details

Lenders and lending teams

Loan details