A loan of $2,900 helped a member operating capital.

Paraiso Group's story

The Paraíso (Paradise) Communal Bank is represented by Armando and comprised of ten members. They members are very united, happy, and very dynamic.

Inés is the featured member of the group. She sells flowers in the Chimore Senda 3 area. Her husband, Felipe, sells bananas (he takes them from the farm to sell). They have two children who are still young. Inés and her husband still live in her parents’ house. Her biggest desire is to be able to buy a piece of land to plant. She wants to progress and be able to give her children a better future.

The rest of the group works at different activities. Most of them work selling flowers, clothes, and fruits. The men work as mechanics, in transportation, in construction, and in farming. In general, the group has experience in the businesses they have. That is why they are well known in the entire area.

In general, there is a lot of competition. The group has regular customers who recognize their work and demand their products and services.

The current loan will be used as capital to invest in the purchase of flowers, materials, supplies, and work tools that will help to generate better income to support the members’ households.

The group’s expectation is to keep working and counting, above all, on the economic support of the foundation to help them grow. They want this in order to have a more stable home and a better quality of life.

In this group: Armando, Yony, Daniel, Julia Victoria, Ines, Serafin, Eugenio, Ines, Donata, Rosa

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details