A loan of $1,825 helped a member operating capital to acquire more merchandise.

El Milagro Group's story

Doña Isabel is 34 years old and completed the fifth graD.. She has three sons of different ages. Her oldest son is 18 years old and her youngest one is 12 years old. Isabel’s husband works as a mason while she helps with a few family expenses, especially the education of her children. Her oldest son is in his final year before earning his degree in Elementary Education.

Isabel engages in traD. and has eight years of experience. She has a store where she sells daily consumer products. Having enthusiasm and the desire to succeed, she decided to organize a group in order to apply for a loan. The Communal Bank is called “El Milagro” (The Miracle), a name that was selected by all of the members. The group consists of ten women who are involved in different business activities which incluD. raising animals, providing services, and selling daily consumer products and traditional clothing.

This loan will be used to increase the inventory of products for her business so that she can generate more income. With this she hopes to improve the living conditions for her family.

In this group: Isabel María , Juana Tomasa , Prudencia Esperanza , Cristina Rebeca , Vilma Estela , Carmen Matilde , Dolores Isabel , Silveria Rosaria , Marta Noemi , Juana Angélica

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details