A loan of $4,175 helped a member purchase products & supplies.

Paz Y Progreso Group's story

Guadalupe has been selling food for five years from the doorstep of her house. With much effort, she was able to obtain a cart that proved to be of great help to her because she is now able to display the different foods that she prepares. On the weekends she sells candy. All of this is done out of love for her family. With the loan she will receive and some of her savings, Guadalupe wants to buy a “trimovil” (a three-wheeled motorcycle taxi) so that she can increase her earnings.

Ines sells and repairs shoes with her husband. With the little income that they make, they are able to support their three children and send them to school. Her loan will be invested in the purchase of materials to improve the finished shoes that she offers.

With great effort, Fausta was able to open a restaurant many years ago. This business has helped to support and educate her children. In addition, she wants to build a home and next to it an events hall for hosting social gatherings such as birthday parties and christenings. She hopes to generate rental income that would increase her earnings.

The group is very committed to their loans and promises to make their payments on the specified due dates.

In this group: Teodora, Rosa Pilar, Fausta, Judid Magaly, Ines, Guadalupe, Vicenta, Margarita, Miguel, Katia, Flora Sofia, Esperanza

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Translated from Spanish by Kiva volunteer Ronan Reodica

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