A loan of $1,475 helped a member purchase merchandise.

El Eden Group's story

The Communal Bank “El Eden” consists of nine members who are beginning their sixth loan cycle. They are all hard workers who look for any opportunity to get ahead. Already, through their daily efforts, the members have been able to proviD. a better future for their children. They engage in different businesses selling vegetables, groceries, prepared foods, and candy. Others proviD. services such as motorcycle transport and tailoring.

Juana is the group president. She has been selling vegetables and spices at the market for a number of years. She is married and has two children, which is why she has to work. Her main objective is to improve her financial situation. Her loan will be used to buy products to help increase her earnings.

As the group treasurer, Juan has demonstrated responsibility within the Communal Bank and also with his family. He has worked as an electrician for 15 years, and his business helps to pay for his household expenses. At the moment, his business income is not enough. Since the school year has started, he and his wife have opened a bookstore to help improve their finances at home.

Candelaria is a group member who has been selling candy at home for the past year. This type of work is well-suited for someone who is a bit older. She also has the help of her four dependent children. They are proud of the fact that their work has helped them to move forward.

The members are grateful for this loan and promise to complete their payments on time.

In this group: Vilma Anita, Maritza, Candelaria, Juan Miguel, Luz Isolina, Marita, Tomas, Juana, Elizabeth

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Translated from Spanish by Kiva volunteer Ronan Reodica

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