A loan of $2,100 helped a member working capital to buy merchandise and tools.


La Florida Group's story

The group "La Florida" is represented by Luisa and is comprised of 11 members, including 7 women and 4 men. This group is characterized as having very dynamic and hardworking people. They all know each other since they live in the same neighborhood. Maria Luisa has a son and now owns her own home. She has a partner who she has lived with for 2 years. She sells snacks at the entrance gate of a school, and she wants to be able to expand her business. She wants to have a kiosk where she can sell food in addition to snacks in order to generate a better income so that she can proviD. a better quality of life for her son and can form a family with her partner. The rest of the group has a variety of activities: the majority sell snacks and sandwiches at the gates of schools, others are caretakers of the schools where they live with their families, others are bricklayers, shoemakers and domestic employees, and others proviD. laundry services from their home. The competition in these businesses is strong, but they continue to forge ahead, since they all have quite a bit of experience in their businesses. This loan will be used for working capital; it will be invested in the purchase of merchandise and tools for their work. This communal bank has experience, as they are carrying out another loan cycle with the institution, always demonstrating unity, honesty and the desire to work hard to get ahead and proviD. their families with a better quality of life.

In this group: Luisa, Luisa, Rosario, Marcelo, Beatriz, Dania*, Maria Justina, Brayan Roseth, Miguel Angel, Nelson, Susana
*not pictured

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Translated from Spanish by Kiva volunteer Lisa Grobar


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Loan details