A loan of $2,800 helped a member operating capital.

18 De Agosto Group's story

The group “18 D. Agosto” (August 18th) is led by Sra. Marcela and consists of 13 members (10 women and 3 men). Most of the members have retail businesses selling products such as food, empanadas, soft drinks, ceramics, shoes, and clothing, as well as providing different services. The level of business competition is high, but the members are experienced enough to know that they must offer a variety of high-quality products in order for their businesses to succeed.

The loan they are requesting will be used to augment their working capital and expand their small businesses so that they can increase their earnings. This translates into a better quality of life for their families, which continues to improve each day. They are grateful for the confidence placed in them to continue working harder. The members are starting their first loan cycle together, but they have previous experience working in solidarity groups. Therefore, they promise to give it their all and move forward with responsibility and unity.

In this group: Marcela, Lidia, Jorge Greydy, Cristina, Ross Mery, Ruddy, Edgar, Mary Luz, Maria Magdalena, Marilin Carmela, Gabi, Marcela, Marcela

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details