A loan of $3,400 helped a member buy products.

Luz De La Esperanza Group's story

Luz D. la Esperanza Communal Bank

Three years ago she started her business of selling beauty products by catalog. She was able to run the business very well and at the same time take care of her three children. That is what Nelly J., president of the group, tells us. One of the things that pleases her about the business is the beauty trainings like how to take care of the skin, the body, hair, and other things. She is a very enthusiastic member, and she shares all of the information with her colleagues. She also helps them so that they can sell products and receive the benefits.

Norma L. makes clothes. She tells us that she has high seasons when she has to invest a lot in materials. This does not discourage her, because she has her objective of creating her own shop to give work to other people.

Another member who makes clothes is the treasurer, Esperanza Bazán. She has a shop in partnership with a friend. She says that you need to sacrifice in this work, but it has its rewards. For a long time she could help her children in their education. Also, she could help with paying for the basic services in the house.

All of the members of the communal bank wish to improve the infrastructure of their businesses. They also want to buy better products to offer their customers. The loan is to buy work material and some supplies.

In this group: Esperanza, Yolanda Marlene, Elsa, Yenny, Jesus Angel, Norma Luz, Nelly, Milagros Carmen, Oscar, Rosa Elvira, Maria Esther

Translated from Spanish by Kiva volunteer Ginny Kalish

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