A loan of $3,300 helped a member comprar madera, pegamento, tornillos, barniz, sellador, etc.

La Esperanza Group's story

La Esperanza community bank is composed of ten members, who carry out various economic activities in the community of Dulce Nombre de Culmi, in Catacamas. The bank coordinator is Santos Camilo B.. He is a 50-year-old carpenter, married with seven children. Santos learned the woodworking craft as an assistant in a friend’s workshop and now has his own workshop.

One difficulty he faces is that obtaining a permit to exploit timber is very difficult; therefore his production is limited and requires no employees. Santos is seeking a loan to buy materials such as wood, sandpaper, glue, varnish, sealer, etc. and thus produce furniture that has already been ordered. Santos loves his job and he hopes that the support of this loan will allow him to continue operating his workshop.

His goal is to grow economically to provide his family with all the basic necessities for daily living. The other members of the community bank are seeking a loan for different economic activities such as farming and butchering of pigs and cows, selling second-hand clothes, shoes, donuts, and grocery products.

In this group: Santos Tomas *, Jose Camilo , Deisi Umaria , Santos Pacita, Jose Martin, Maura Antonia , Filomena , Dominga , Oscar Alberto , Elmer Israel
*not pictured

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Translated from Spanish by Kiva volunteer René McConnell

Loan details

Lenders and lending teams

Loan details