A loan of $2,950 helped a member working capital.

Caracol Group's story

The “Caracol” group is represented by Gladis and consists of fourteen members, who are in their first loan cycle. Most of the members have businesses, including, to name a few, sales of bread, gelatin, clothing, food, and empanadas; and activities, including sewing, bricklaying, nursing, and public transportation. Even though competition in their fields is high, they know how to move their businesses ahead. They’ll use the loan to grow their businesses by purchasing merchandise, supplies, and tools, so they can increase their incomes and proviD. their families a better standard of living. With respect to their experience with loans, the members are in their first loan cycle with the organization, but they are satisfied that it will proviD. economic support to help them generate more income and improve their families’ quality of life.

In this group: Gladis, Raquel, Susana, Rossy, Manfredo, Raquel, Carmen, Ruben, Norma, Reynaldo, Jose, Delia, Beatriz, Yanet

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Translated from Spanish by Kiva volunteer Jill Heske

Loan details

Lenders and lending teams

Loan details