A loan of $4,375 helped a member working capital increase.


Alamos Group's story

The ALAMOS communal bank is located in the Alto Irpavi (Peña Azul) zone. This area isn't urbanized yet; there is no public transport access. The members meet in Maria's house. She has a neighborhood grocery store in her home. Most members are dairy farmers. The governing board is maD. up as follows: Rebeca is president; she sells salchipapas (a type of fast food that consists of thinly sliced pan-fried beef hot dogs or sausage and French fries, mixed together and served on a plate or in a paper cone, served with different sauces) in a food stand. Angela is treasurer; she sells catalogue cosmetics. Celia is secretary and works as a domestic. The other members have various lines of work like: Milk sales (Gloria and Juana), small animal raising (Lidia), transportation services (Jose, Joaquin and Felix), vehicle control (Lucio), chicken sales (Elizabeth). For the most part, they don't have stable businesses so the loan will be used to invest in working capital so as to obtain better economic stability for their homes.

In this group: Rebeca Leticia, Gloria Angelica, Lidia Elizabeth, Cecilia Graciela , Jose Luis, Juana Tomasa, Maria, Joaquin Eduardo, Lucio Alberto , Angela Jhovana, Felix Luis, Elizabeth Nora
*not pictured

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Translated from Spanish by Kiva volunteer Polliz



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