A loan of $4,175 helped a member working capital.

El Cupesi Group's story

The "Cupesi" group is represented by Olga, and includes 17 members who are in their first loan cycle with this institution. They are all mothers and fathers, and are hard-working and entrepreneurial. They are involved in businesses like tinsmithing, blacksmithing, selling bread, chicken, cheese, food, perfume, appliances, and groceries, as well as providing services like teaching. The dedication of these people is high, since they depend on their businesses for daily income to sustain their families.

For example, Olga sells hamburgers at the intersection of two avenues to proviD. for her two children. She is married, but given her husband's income, they don't have enough to pay for rent, basic services, and education for their children. That is why she delivers newspapers in the morning and sells hamburgers in the afternoon and evening, with the help of her small children.

These loans will be used to buy ingredients, materials, and tools to improve their businesses and increase their incomes, so they can improve their homes and give their families a better quality of life. Although this is their first loan cycle, the members of this group already have experience with group loans and know that the group is necessary for them to have access to this economic support and they need to keep the trust of our institution. They have a strong desire to work and to get ahead, and they are united in this group.

In this group: Olga, Rodolfo, Cecilia Delma, Rosa, Juan Alberto, Maria Rosario*, Juan Jose, Isabel, Nancy, Katherine, Veronica, Isabel, Alberto, Roxana, Karina, Susy Wilma, Medarda
*not pictured

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Translated from Spanish by Kiva volunteer Rebecca Iverson

Loan details

Lenders and lending teams

Loan details