A loan of $3,850 helped a member buy supplies and merchandise.


San Miguel Group's story

The San Miguel Communal Bank is in its fifth cycle. All of the members live in the San Miguel region. They have stands that sell food, internet access, and neighborhood stores. It is a responsible and united group.

Magda is the president. She sells meat. She has a neighborhood store, and she also sells lunch at midday. She has a son who is married. She is very responsible; and she is the leader of the group. She will use the money to buy groceries for her store.

Andres is the treasurer. He has an advertising shop in the center of the city. He is married, but he does not have children. He knows how to manage money very well. He will use the money to improve his shop.

Angelica is the secretary. She is married and has six children. Her husband is a locksmith. She is responsible, and she attends all of the meetings. The borrowed money is for her husband’s business.

All of the members of the communal bank are responsible. They work almost all day to support their families. Many of them have children who are still school-age. They are grateful to Emprender and Kiva for the confidence shown in granting the loan.

In this group: Magda Antonia, Andres Lino , Belinda Abigail, Nilsa Margot , Claudia Isela , Wilma Magali , Angelica , Ricardo, Giovana , Lizbeth, Abdon

Translated from Spanish by Kiva volunteer Ginny Kalish



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