A loan of $3,075 helped a member capital for businesses.

La Esperanza Group's story

Mr. Ricardo represents the members of the group “The Hope.” The group is made up of 12 people, who mostly sell different products, like street food, cosmetics through catalogues, underwear, household painting services, education, and the production of clothing. The competition in this commercial setting is high, but the members of the group know how to go forward thanks to their experience and their desire to work. The loans will be used to buy materials, supplies, and tools that help to generate a larger income, since the livelihoods of their families and the improvements in their quality of life depend on these activities. With respect to the members’ experiences in solidary groups, they have received loans before from organization similar to Fundación Agrocapital, so they are familiar with the principal requirements, which are honesty, responsibility, and, above all, a desire to work.

In this group: Ricardo, Betty, Elieth, Isaac Freddy, Marina, Mirna, Sandra, Ericka, Elida Edith, Fabiola, Samuel, Juana

Translated from Spanish by Kiva volunteer Avni Shah

Loan details

Lenders and lending teams

Loan details