A loan of $3,975 helped a member business capital.

Nueva Esperanza 3 Group's story

Juliana is 35 years old, married, and has three sons and two daughters. Juliana, who is financially supporting her family, works raising animals such as pigs and chickens, and has been doing this for more than 10 years. Juliana realized that she needed to buy more animals in order to continue breeding them and so to obtain money from selling them when they are grown. But she also gets income from selling the eggs from her chickens to her friends and neighbors in her community. She wants to improve her sales and increase her income a little, so she joined-up with some friends that she has known for more than 10 years to create a micro-loan group. They have been working together for six months, and they have already paid back their second loan. She used this to support not just her family but also the people of her community. Each of the women in the group has a different business such as: selling fruits, raising livestock, selling clothes, and selling tools, among others.

In this group: Juliana, Juliana, Felipa Rosalinda, Aura Elizabeth, Verónica Anastacia, Eufemia, Olivia, Agapita, Demetria, Hermelinda, Santiago, Yesenia Elvira, Elvia Leticia, Santos Adelaida, Rosa Etelvina, Feliciana

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Translated from Spanish by Kiva volunteer Alison Hynd

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Loan details