A loan of $3,250 helped a member to generate business income.

Bello Horizonte Group's story

The "Bello Horizonte" group is headed by Sarah and comprised of 12 members, who together, are in the process of their third loan cycle. Such shows responsibility and industriousness, and the group is very grateful for the economic support and trust provided by the parties involved. Most of the members sell products such as food, clothes, domestic appliances, cosmetics, and alcoholic beverages. Some members proviD. domestic services. The group's President sells typical fare such as majaditos (a regional rice dish), patasca D. trigo pelado (wheat with jerked beef) and soup in the market from very early till late. Therefore, she has very little time to spend with her children. She hopes to spend more time with them, by focusing on lunch sales only, thereby increasing her earning potential. However, at present, providing her children with an education and a roof over their heads takes priority. As is the case with Sarah, many of the group's members also have to leave home to work. However, such is the price they pay for household upkeep and to improve the lives of their children. The purpose of the loan is to buy consumables, utensils and other necessary products in order to generate a higher income for the members' households. The members' greatest wish is to be able to proviD. a stable home for their children as most of the members rent accommodation or live in 'anticríticos' (a particular type of renting) and are constantly having to relocate in search of a new place in which to rent. Therefore, members have to work to be able to purchase a property or build on plots of land, which some have already managed to buy and which will proviD. a better life for their families.

In this group: Sarah, Juana, Brisa, Yolanda Maria, Maria Angelica, Catalina, Maria Teresa, Mary Luz, Maria Luisa, Orlando, Bila, Elvira

Translated from Spanish by Kiva volunteer Justine Raymond

Loan details

Lenders and lending teams

Loan details