A loan of $1,825 helped a member for merchandise.


Picaflor Group's story

The “PICAFLOR” (Hummingbird) communal bank is organizing its second cycle in the VILLA EXALTACIÓN Focal Center. It has a governing board that leads the association that is composed of a President, Treasurer and Recording Secretary. The president is Arminda who is a locksmith.

The Recording Secretary is Elizabeth. She is a general merchant who sells seasonal items. Her first loan was for Bs.500 and she is currently requesting Bs.2000. Her husband helps her with the business.

The members of the communal bank are seven women and one man. They have a variety of businesses like: seamstress services, meat sales, lamb meat sales, locksmith services, fruit sales, salchipapas (fried potatoes and fried sausages) sales, grocery and prepared food sales.

In this group: Elizabeth Sandra, Arminda, Alejandra Victoria, Martha, Teresa, Edgar, Consta Magdalena, Margarita

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Translated from Spanish by Kiva volunteer Polliz


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