A loan of $4,025 helped a member working capital increase.

Mineros San Juan Group's story

The “Mineros San Juan” (St. John Miners) communal bank is one of the oldest in our agency; it’s in its 8th loan cycle and composed of women from the same neighborhood. The governing board is maD. up thus:

Carmen is group president and identified as their leader because she’s a responsible, hard-working and dynamic person; she has 5 children and sells cosmetics door-to-door.

She will use the funds to buy cosmetics that are on sale to later resell at full price thereby earning a bit higher profit.

Celia is secretary; she’s married and has 4 children. She sells candy, cookies and chocolates in on of the city’s main streets.

She will use the funds to buy merchandise at wholesale thereby increasing her working capital.

María is group treasurer; she’s single and has no children. She has a food stand in the Mineros San Juan area.

All the members sought the loan to increase their capital to help their businesses grow. They are all responsible, dynamic people who are grateful to Emprender and Kiva for the trust placed in them by granting the loan.

In this group: Carmen, Jacqueline Miriam, Maria Pamela, Lusmila Veronica, Julio Cesar, Florinda, Celia, Julio, Aquilina, Adolfo, Nicasia

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details