A loan of $3,550 helped a member operating capital.

15 De Diciembre Group's story

The 15 D. Diciembre Communal Bank is represented by Nancy and comprised of 15 members. They are in their third cycle, and the have always been punctual and responsible with their payments. All of the members have commercial activities like raising and selling pigs, selling food, soft drinks, fruit, cosmetics, and hairdressing and laundry services.

Nancy is the president of this lovely group. For the past two years, she has been raising and selling pigs. Martha has been selling soda for the past year, Maria Isabel has been selling cosmetics for the past two years, Juana has been selling empanadas (meat pastries) for the past two years, Maria Renee has a year of experience selling clothing, Cristina has been selling clothing for five years, and Sonia also sells clothes but has just two years of experience. Martha has been washing clothes for the past 15 years, Angel sells drinks on the street and has two years of experience in this area, Maria del Carmen has a lot of experience (24 years) selling meals, and Yessica Denise has been selling fruit for the past 10 years. Lucinda sells cosmetics and has seven years of experience, Carola has been serving dinners for a year, and finally, Rosa Liliana also sells cosmetics, which she has been doing for the past five years.

As far as competition goes, it is difficult. But, the members know how to get ahead with their businesses. They go to outlying markets or diversify their merchandise to be able to get the necessary income to support their families.

The loan is to buy balanced food wholesale, more modern tools for hairdressing, supplies, materials, and summer merchandise for the season. As far as expectations go, they work to educate their children and to be able to give them a more stable home. They always think of the future and the well being of their families. Their biggest expectation is that their children are able to become professionals and improve more each day.

In this group: Nancy, Martha, Maria Isabel, Juana, Maria Renee, Cristina, Sonia, Martha, Angel, Maria Del Carmen, Yessica Denise, Lucinda, Carola, Rosa Liliana

Translated from Spanish by Kiva volunteer Ginny Kalish

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