A loan of $2,150 helped a member working capital increase.


Guembe Group's story

The GUEMBE enterprising bank is in its first cycle. All the members have known each other for many years. Revodia is the group's president and sells prepared food from her home; her husband is a salaried driver but also helps his wife tend to her guests. The financing is to invest in her meal selling business; her wish is to enlarge her restaurant. Elizabeth is the bank's treasurer. She is a single mother of two beautiful, school-age, children. She is a traveling salesperson of jewelry and clothing. The funds requested were invested in the purchase of merchandise since her orders over the holiday season will increase. Glady, the group secretary, is married and has four children. Her husband is a bricklayer contractor who goes from town to town. She sells cosmetics and wants to increase her business and buy a sales stall. She is grateful for the help the institution has given her.

In this group: Oscar, Mary Mariela, Julia, Elizabeth, Lizandro, Maria Tania, Mamerta, Gleidy Denise, Revodia, Maria Eugenia

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Translated from Spanish by Kiva volunteer Polliz



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