A loan of $3,400 helped a member increase working captial.

Monte Rancho Group's story

This is a group that is very responsible with their payments. They live in an area very removed from the city and know each other well. They don't have basic services (sewer system, potable water, etc.) where they live. The group is called "Monte Rancho" ("Mountain Ranch) and is in its fifth loan cycle with its community bank. The group's board of directors consists as follows: Rosa is the president, and she is very responsible and the leader of the group. She is married, has three children and works in her carpentry shop. The treasurer is Patricia, who is also a very responsible mother of three children and is knowledgeable in the handling of money. She will use the loan to raise capital for her neighborhood store. The secretary is Felisia, who is a married mother of three children. Her husband is a construction worker, while she makes and sells empanadas outdoors. She will use the loan to improve her business.

In this group: Rosa, Sandra Estela, Rosa, Felisa, Antonio, Estefania, Patricia Elizabeth, Demecio, Gregoria, Raul Alberto

Translated from Spanish by Kiva volunteer Marty Greenstein

Loan details

Lenders and lending teams

Loan details