A loan of $2,750 helped a member to invest in her business.

El Naranjo Group's story

This group is called “El Naranjo” (The Orange Tree) and it has ten members. María de Jesús Guzmán R., 46, is one of them and she has sold bedspreads for 26 years. She wants the loan, however, to buy piglets to start a new business that she’s always wanted. She comments that some time ago she organized a “tanda” (rotating credit associations formed upon a core of participants who agree to make regular contributions to a fund which is given in whole or in part to each contributor in rotation) with which she was able to build pens for her pigs but when she found out about the organization she preferred to form a group of women with the same goals as herself but who hadn’t been able to find someone who would trust them.

The name of the group is inspired by a prominent fruit tree in María De Jesús’ house. She has four children. Her youngest child helps her raise the pigs. Her intention is that with loans from the institution she will be able to send her son in the future to finish high school.

She dreams with having a farm in the future that will lead to a better quality of life despite completing only elementary school. She hopes history will not repeat with her children and grandchildren and this is why she wants to help them have access to higher education since she wanted to be a veterinarian ever since she was a little girl; thus her desire to care for animals.

In this group: Maria De Jesus, Alberta, Rosa Maria, Edith, Elvira, Ana Maria, Oliva, Margarita, Carmen, Anel Karina
*not pictured

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Translated from Spanish by Kiva volunteer Polliz

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