A loan of $4,450 helped a member operating capital.

La Costanera Group's story

"La Costanera" ("The Coast") is led by Mrs. Maria Ylda. The group's 14 members are working with Fundación AgroCapital for the second time; they have proven to be co-operative and punctual. Each member of La Costanera has his/her own business. They sell food, baked goods, snacks, alcoholic drinks, fish, groceries and gasoline. Maria, the group leader, sells snacks and has a job making sandwiches and hamburgers. Maria is a single mother; she lives with her young daughter, her mother and her little sisters. She doesn't have to pay rent, but she works to get ahead because she wants to help her sisters get an education, and she wants to help her mother with household responsibilities. There's a lot of competition in the local labour market these days, but the members of La Costanera have experience and problem-solving skills working in their favour. They'll be using this loan to purchase the supplies, materials and tools they need for their businesses. For example, Maria wants a push-cart that she can use when selling burgers. She'd be able to move to new locations when sales in one spot taper off. The group hopes that more and better supplies and equipment will help their sales, their families and their overall quality of life.

In this group: Maria Ylda, Silvana, Marioli, Saida, Felicidad, Aleida, Ruth Amalia, Tania, Reynaldo, Consepcion, Viviana Patricia, Roberto Carlos, Maria Eugenia, Daniela

Translated from Spanish by Kiva volunteer

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