A loan of $2,625 helped a member increase the operating capital for their respective businesses.

Amistad De Palmira Group's story

The Communal Bank “Amistad De Palmira” is located in the neighborhood of La Palmira. The group is in its second loan cycle and is composed of 10 members. The leaders are Maribel (President), Maria Ericka (Treasurer), and Consuelo (Secretary). The members are engaged in various retail businesses selling clothing, shoes, cosmetics, food, groceries, bread, fruit juices, and other products.

Maribel has been selling clothing and shoes for six years. Her loan is designated for her business. She has two young daughters who attend school.

Maria Ericka has been selling food for one year. Her goals are to continue working and expand her business. She lives at home with her mother and three children, who attend the neighborhood school. Her earnings enable her to sustain her household.

Consuelo has been operating a bakery for nine years. She works eight hours a day, Monday through Friday. She lives in a rented house and has one child.

In this group: Maribel, Maria Nela, Liboria, Consuelo, Maria Erika , Ylsen Gloria, Julia De Carmen, Julia, Silvia, Teofano
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details