A loan of $3,200 helped a member operating capital for their respective businesses.

Paraiso Group's story

The “Paraíso” (Paradise) Group is led by Sra. María Jaqueline and consists of ten members who know each other very well. This is not the first time they have participated together in a solidarity group loan. Most of the members have retail businesses selling products such as children’s clothing, groceries, cosmetics through catalog orders and on-demand, and hairstyling services. The male group members are primarily involved in public transportation, residential house painting, and management of an Internet café. The markets in which they work are very competitive, so the members are continually improving their products and services so that they won’t be surprised by their business rivals.

Most of the members will use their loans to improve their business by paying for supplies, materials, and improvements to their equipment, such as repainting their vehicles. Others will buy inventory in bulk to sell such as groceries and clothing. The members are starting their third loan cycle with the Institution. They have demonstrated that they are capable of completing their payments on time and becoming successful on behalf of their families.

In this group: Maria Jacqueline, Enrique Benjamin, Marcela, Anghelo Henrry*, Lina, Maria Esther, Martin, Blanca Antonia, Edubick Jimmy*, Carla Katterine, Gabriela Johan
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details