A loan of $3,550 helped a member to purchase merchandise.


Heridas De Amores Group's story

The community bank Heridas de Amores is in its second cycle. They are responsible people who have always made their payments on time. The bank's members are mainly single mothers and that is why they called the group "Heridas de Amores" (Hurt by Love), since they all went through bad times emotionally. The women's activities range from selling cosmetics and food, to selling flowers. They have the meetings at the president's house, at Balbina's, Mondays at 2:00 p.m. Balbina sells comforters and sheets and during the winter season she sells clothing on credit and collects weekly or bi-weekly. During the cold weather, she has a lot of orders. She is a very hardworking person and she always has a new product according to the season. She will use the money from the loan to purchase merchandise.

Luisa is new to the group. She sells flowers that she brings from the town of El Torno and delivers them to cemeteries in town. She has two older children, but she is raising two grandchildren because their parents work in the fields and she takes care of them every day. She will buy flowers in large quantities with the money from the loan since she has a lot of orders.

Fabiola is a founding member who sells food from her house. Every evening she sells the food that she prepares in her home, as well as sodas and tradition drinks that she makes. All of the members are good role models who help with the economies of their homes. All of them are planning on investing the loan in purchasing merchandise for their businesses. They are very grateful to Emprender and Kiva for the trust they have put in them with this loan.

In this group: Balbina , Maria Magdalena, Guilma, Luisa , Margarita, Pascualita, Fabiola, Cecilia Isabel , Maria Cristina, Marcelo

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Translated from Spanish by Kiva volunteer Ellen Donohue



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