A loan of $2,600 helped a member to buy merchandise and raw material.

Nueva Asuncion Group's story

Fifteen of the members of the group “Nueva Asuncion” belong to the Panamerican Focal Center that is lead by their president, Luisa M.. The treasurer is Silveria H. and the secretary is Nelly S.. The members are moving forward with their meetings by establishing internal group rules. They recently established their group because of their common need to raise working capital that will allow them to increase the inventory in their businesses. The members that produce a product would like to buy more raw materials. They all hope to be together for a long time, until they achieve a lot of savings.

In this group: Luisa, Casimira Elena, Julia, Florentina, Nelly, Rosmery, Genova, Valentina, Silveria, Genova, Lucila, Gregoria, Teodora, Fanny, Lidia

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Translated from Spanish by Kiva volunteer Esther Levandoski

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