A loan of $2,550 helped a member increase of working capital.

Bicentenario Group's story

The Bicentenario Community Bank is formed by 10 members of the San Antonio district, Villa Copacabana. The members sell perfumes, precooked meals, pastries, toys and cosmetics. During its two cycles in Emprender there was reestructuring and change in 10% of the members. All the founding members were maintained.

Rosmery is a founding member. This is her second cycle. She is the President and leader of the bank. During the previous cycle she has shown responsibility in taking part in meetings and paying for her quota. She sells handmade cloths and pastries. In the community bank she has learned to be a responsible leader towards her colleagues, assertive when it comes to payments but friendly and joyful. With the loan she will be able to increase her working capital.

Paulina is the bank's Treasurer. She is one of the founding members of the Bicentenario bank. She sells precooked meals and spices in street markets. She didn't have capital to buy inventory but with the loan she will be able to buy inventory to increase her working capital. She also sells painting as a street vendor.

Norka Antonia is very dynamic, joyful and is the Secretary of the bank. In her first cycle she showed responsibility. She is currently selling Omnilife products (natural health supplements). The requested loan is for the purchase of inventory and increase of working capital. She also works with and repairs cellphones. This is how she is the sole provider for her two children.

In this group: Rosmery, Clara Maria , Clara Remedios, Hortencia Silvia, Elizabeth, Paulina, Mirtha Angelica, Claudia Mariel, Norka Antonia , Ivone Mirtha
*not pictured

Translated from Spanish by Kiva volunteer Betyna Almeida-Covarrubias

Loan details

Lenders and lending teams

Loan details