A loan of $4,250 helped a member to increase working capital..


Las Progresivas Group's story

Cooperative Bank: LAS PROGRESIVAS was founded on November 20, 2008, at the initiative of a group of women. It is located in the PRIMAVERA neighborhood, located on 4th Street in the Plan 3000 zone. The group is in its 3rd cycle, and is comprised of 12 people. We have as our President: Mrs. ANA YNGA R. J., Treasurer: FABIOLA P. D. and Secretary: IDALMI S. R.. The group has women and men who dedicate themselves to selling cosmetics, food, hamburgers, bakery goods, jewelry, CDs and DVDs, and footwear. These are activities that require fast credit approvals.

Ana Ynga R. J. is the president of the cooperative bank. She dedicates herself to clothing sales and, with this new loan, she will also start selling shoes. She has been in this line of work for 3 years and, concurrently, she takes care of the household tasks. Ana Ynga R. J. is responsible for the group, and she will not disappoint given the opportunities presented by Emprender. Her income helps to sustain her family. This woman is responsible and accomplished within the group, in addition to being one of the founders of the LAS PROGRESIVAS cooperative bank.

Mr. Roberto Galves is a long-time member of the cooperative bank. He sells CDs and also does computer maintenance work. He is a responsible member of the group, and the opportunities provided by Emprender are important to him in order to augment his income and improve his standard of living. He is also one of the leaders of the group, ensuring that loan payments are made on time.

Mrs. Fabiola P. is the treasurer of the group, and she dedicates herself to making and selling cakes. She has been in this line of work for 3 years, working 6 days a week for 8 hours per day. She makes cakes and delivers them to her customers. This is the second loan by the cooperative bank, and she is very grateful for the opportunities provided by Emprender and the LAS PROGRESIVAS group.

In this group: Idalmi, Ana Ynga, Dolores, Roberto, Luis Alberto, Veronica, Fabiola, Maria*, Lorenza, Ivone Lizet, Rosario Carmen, Doris
*not pictured

Translated from Spanish by Kiva volunteer



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