A loan helped a member to buy supplies for the bakery in order to double productions and meet the seasonal demand.


10 De Octubre Group's story

Rosmery is 29 years old, she is a single mother to 1 child, and her business is a bakery. She carries out her work in San Julian, a rural zone known for its high level of agriculture and livestock production.

Rosemary (standing on the right, in a black polo shirt) and her child live together in their home, the need to cover the costs of her child was the motivation for her to form a group of entrepreneures; with businesses such as: selling used clothes, selling boiled sweets, drinks, bread, fast food, and even tailoring. The set up the group to ask for a loan to improve their businesses. She earns a living from a bakery, and relies on a gas over to make different types of bread, cheesy bread, sweets bread, and other things. To sell she walks through the streets after finishing baking each day, her products are in high demand and she soon sells them all.

She is starting the busiest season of the year, to to prepare she must stock up with bakery supplies. The advantage is that she sells wholesale to small shops, with less walking. Her problem is meeting the demand of the season. Rosemary's dream is to bring a better future to her child, she wishes to double the quantity she produces daily. With this loan she will buy flour, yeast, cheese, sugar, and other things.

This is the first loan she has received from the institution in 2 years of running the business. If is for these motives that Rosemary is asking for a loan, to buy bakery supplies, so that she can double production and meet the season's demand.

In this group: Luis Fernando , Robertina , Maria Esther , Celina , Marlene , Kathia Vargas , Maribel , Rosmery

Translator profile picture

Translated from Spanish by Kiva volunteer Jake Doyle.


This loan is special because:

It allows financially marginalized people to access loans and training through communal banks.



Loan details


Lenders and lending teams




Loan details