A loan of $2,850 helped a member operating capital.

Margaritas Group's story

The “Margaritas” Group is led by Sra. Alejandrina and consists of 14 members (11 women and 3 men). They are involved in different retail business selling products such as costume jewelry, cosmetics, food, groceries, and candy. Some have service businesses such as housekeeping. The men are involved in construction and public transportation. The competition in their area is high but they know how to succeed in their respective businesses.

This loan is intended to increase their businesses through the purchase of merchandise, supplies, and tools needed to improve their earnings. This will enable them to give their families a better quality of life. Regarding their credit experience, the members are starting their first loan cycle, but they know how solidarity groups operate because they have worked with other institutions similar to Fundación Agrocapital.

In this group: Alejandrina, Saturnino, Ingrid, Ivana Veatriz, Carolina, Eliana, Ronald, Roberto, Maria Eliana, Veronica, Petrona, Maria Anel*, Estela, Tereza
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details