A loan of $3,725 helped a member to buy animal food.


Mollecito De Covadonga Group's story

The Mollecito D. Covadonga Communal Bank begins its 4th cycle with 19 members. The members dedicated themselves to the selling of different products, such as vegetables, wood, groceries, small animals, cereals and so on. Rufina is the president of the Communal Bank: she became a member through her sister and what she likes more about her Communal Banks are the trainings and the incentive to saving. Rufina is married and she attended a few years of primary school. Rufina travels to fairs where she buys animals, then she fattens them and she finally sells them in the markets and to restaurants. Rufina is very zealous and she has many friend in the Communal Bank. Rufina saves some money every week and is very punctual. Rufina needs a loan of 600 PEN, money she will use to buy animal food. Her goal is to improve her business and for it to keep on growing.

In this group: Rufina, Marta, Donatilda, Edith Yanina, Estherlina, Zenayra, Nancy Flor , Haydee, Madeley Teofila, Bonifacia, Teodosio, Juana Teodora, Zenobia, Nelson, Betty Santa, Ever David, Jessica, Yaneth, Yaseli
*not pictured

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Translated from Spanish by Kiva volunteer Emanuela Villa



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