A loan of $2,075 helped a member for the purchase of merchandise.

Las Americas Group's story

This communal bank is in their second loan cycle. It is maD. up of 8 members of which 6 live in the same district in the town of Limoncitos and the other 2 live in the towns of Jorochito and Santa Rita. They all do different things for a living including cosmetic sales, wood sales, meat sales, teacher, etc.

The president is Señora Andrea. She has been selling meat out of her house in Limoncitos for 5 years. She is in a common law marriage with Señor Juan and has a school-age daughter. She will use the loan to buy a cooler so that she can better store her meat.

The secretary is Señora Beatriz. She lives in the town of Santa Rita where she travels selling cosmetic for a living. She is in a common law marriage with Señor Richard who makes tile for a living in Santa Rita. They don't have any children. With the loan she will buy cosmetics wholesale and also by mail-order.

The treasurer is Señora Bella. She also sells cosmetics and has been doing this for 2 years. She is in a common law marriage with Señor Luis and they have 2 school-age children and a stable family. With the loan she will buy a display case to show her products so as to increase her income.

This is the bank's second cycle and they are very grateful to the institution for the economic support that they proviD. them.

In this group: Andrea Paola, Erika, Maria, Beatriz , Flor America, Bella Alejandra , Venancia, Ruth

Translated from Spanish by Kiva volunteer

Loan details

Lenders and lending teams

Loan details