A loan of $3,575 helped a member purchase products.

Club De La Amistad Group's story

"La Alcancía Comunal", is a friendship club conformed by 9 members committed to the loan, who are responsible and punctual with their payments according to their credit history.

The president, Giovanna, sells beauty products from catalog. She decided to do so as she needed to help with the family expenses so a friend introduced her to this business. She is happy because she gets training on beauty and can contribute at home. The majority of the members have general stores and contribute to the family economy. This is the case of Judith who helped her husband with the earnings from her store and together they set up an upholstery at home, and her husband also irons and paints vehicles for a living. After many inconveniences she is pleased with the small businesses they own.

Leonarda has been selling food outside a school for a long time, she is an elderly member who is well-known and respected by her neighbors. She also raises and sells animals from a rural plot she owns. The group has been together for 15 cycles and is grateful for the loan.

In this group: Rosmery, Edugena Giovanna, Francisca, Leandro, Leonarda, Carmen Isabel, Isabel, Judith Milagros, Olivia Ursula

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Translated from Spanish by Kiva volunteer lene struck

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