A loan of $2,675 helped a member increase of capital.

Picaflor Group's story

The startup bank PICAFLOR Inicio was founded October 27 of this year. It is under the direction of Sra. Shirley, a very active member in her own business as well as in the businesses of the group. Her business is in clothing, selling clothes from her own home. She is married with three children.
Sra. Ivonne holds the role of treasurer and member, and thanks to her the Bank met. She sells clothing in general, and is married with 4 school-aged children. Sr. Cesar is the secretary, and his business is the sales of clothing. He is divorced, but lives with two of his children.

These three people are the head of the startup bank, made up of 13 people who guarantee between them since they cannot count on a personal guarantee in order to be able to take out an individual loan. A large majority have their own mobile business, and the other 30% work with their own fixed business. A large majority do not have their own home. They are very hard-working mothers and fathers, since their business is their only source of income with which they can maintain their homes.

In this group: Shirley Amparo, Ivonne Marlene, Miguel Angel, Sara Veronica, Consuelo, Wendy Jhovana, Cesar Gonzalo, Concepcion Indira, Claudia Jeannet, Martha Magdalena, Maria Luz, Peter*, Judith Maria Del Pilar
*not pictured

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Translated from Spanish by Kiva volunteer Amy McGinty

Loan details

Lenders and lending teams

Loan details