A loan of $2,275 helped a member to invest in their businesses (e.g. sewing, perfume sales, grocery sales, fruit sales, coal sales, among others).


Las Afortunadas Ii Group's story

“Las Afortunadas II” communal bank began in the Asentamiento Humano las Poncianas. This communal bank is in its second cycle and consists of twelve, enterprising and enthusiastic women. They each work in different areas such as: sewing, selling perfume, grocery, fruits, coal, etc. Teresa is the president of this communal bank. She is 18 years old, single, and makes necklaces, bracelets, and earrings. The first loan that she received was for 300 PEN, which she used to purchase stones and thread for costume jewelry. Now she needs 600 PEN, which she will use to purchase fabric and make handbags and purses with precious stones. Teresa’s goal is to have a well-run costume jewelry workshop. The “Las Afortunadas II” communal bank needs a loan of 6500 PEN, which the members will use to invest in their different businesses: sewing, perfume sales, grocery sales, fruit sales, coal sales, etc. Each member’s dream is to succeed in this competitive world and to be able economically support their families.

In this group: Rosa, Gina Mary, Nancy, Zuly Elena, Teresa , Yvett, Ana Maria , Rocio, Martha , Rosa Luz , Nuri , Lily
*not pictured

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Translated from Spanish by Kiva volunteer Kathleen O'Connell


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