A loan of $2,075 helped a member increase their operating capital.

Sol Naciente Group's story

This is a long-time group in which the members have completed their payments on time. They live in the same neighborhood and know each other well. The group has named their communal bank “Sol Naciente” (Rising Sun) and they are on their 4th loan cycle.

The group president is Sra. Patricia Veronica S., who is engaged in selling food. She lives in a rental property with her 3 children. Her husband is employed by the city as a gardener. Patricia has completed her previous loan payments.

Serving as treasurer, Angela J. A. is also the founder of the group. She sells stuffed toys (dolls made of fabric) and also works as a housekeeper at a private home. She has 4 children, of whom two are still dependent. She is very active despite being one of the older members.

Hilda M. J. is the group secretary. She sells seasonal clothing as a traveling merchant at the different fairs. She has 3 children with her live-in partner, who is a bricklayer. They live in a rented house.

In this group: Angela, Rosario, Basilia, Hilda, Ramiro Edwin, Patricia Veronica, Alain, Hilda, Nadia Gabriela, Silvia

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details