A loan of $3,025 helped a member to increase working capital.

Las Persistentes Gb Group's story

The clients of the Las Persistentes GB group sell food, fruit, vegetables, sweets, CDs, toys, school materials, cloth for clothing and one has a tin workshop. They belong to the German Busch regional branch. They formed a group together 5 years ago for the necessity of a working capital loan that permitted them to increase their working capital.

One example is Ernestina, 42 years old, married with 5 children. She has sold stuffed animals and toys for 25 years in different markets with the help of her children. Now she needs more capital to buy toys for the holidays at the end of the year. She also indicates that she likes the group form of credit for the solidarity guarantee that doesn't need other requirements to apply for a loan.

In this group: Norah, Clementina, Bertha*, Valentina, Marina, Lucia, Rosario, Ernestina Lucia, Emiliana, Martha Domitila, Ricardo, Angelica*, Elizabeth Yovana
*not pictured

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Translated from Spanish by Kiva volunteer karl baumgarten

Loan details

Lenders and lending teams

Loan details