A loan of $3,225 helped a member capital de Operaciones.

16 De Mayo Group's story

The “16 D. Mayo” group is a new group. There are 15 members in the group and Mrs. Rosa is their representative. All of the group’s members live in the same neighborhood, so they know each other. Most of the members plan to use the loan money to grow their small business, business that sell products like; food, bread, sweets, cosmetics by catalog, and milk. They will also use the money to buy supplies to help with their home improvement projects. The market is competitive, but the group’s members know how to get ahead since their family’s depend on daily sales from their jobs.

In spite of being a new group, they are experienced in solidarity groups thanks to loans and institutions similar to Agrocapital Foundation. This is the foundation they are working with, so they can get ahead and make their payments -- helping their whole family.

In this group: Rosa Raily, Maria Dalcy, Delicia, Gabriel Angel, Elena, Elena, Isabel, Maria Lidia , Urbano, Pedro, Mariceli, Angelica, Gaby, Favian, Lourdes Cristina

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Translated from Spanish by Kiva volunteer Shelly Hubman

Loan details

Lenders and lending teams

Loan details