A loan of $3,350 helped a member operating capital for their respective businesses.

Las Tulipanes Group's story

The Communal Bank “Las Tulipanes” (The Tulips) is led by Sra. María Rosario and consists of 13 members who live in the district of Industrial Park. All of the members have participated in more than one loan cycle with the Institution. They have always completed their payments on time and worked together as a cohesive group. In dealing with the competition, the members are confident in managing their duties because of their experience and desire to succeed.

This loan will be used to expand, renovate, and improve their businesses. They plan to acquire merchandise, supplies, and materials to help them improve their earnings, which will result in a better quality of life for their families. Regarding their previous credit experience, the members have participated in both individual and solidarity group loans and have extensive knowledge of how to manage their funds. In addition, they know how to invest in their businesses and complete their obligations on time.

In this group: Maria Rosario, Chelita, Susana, Lourdes, Maria Eugenia, Fortunata, Carolina, Rita Alicia, Benedicta, Eligia*, Tatiana, Faustina, Maria Roxana
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details