A loan of $2,950 helped a member to buy bundles of second-hand clothing.

Nueva Esperanza Group's story

This group is called “Nueva Esperanza" ["New Hope"]. They are in their fifth cycle and have 22 members. The group is known in its neighborhood for the solidarity and responsibility they share. In case one member struggles to make a repayment, they carry out activities to benefit the group fund.

One member is Ms. Teresa, who sells second-hand clothing. She has a room in her house where she displays the clothing she has, and this is how she offers it to her customers. She notes that certain times are good for sales, especially when she has new merchandise and a good variety to catch the attention of people who will come, ask questions, and purchase. She is requesting this loan to buy bundles of second-hand clothing.

In this group: Teresa, Fátima, Yolanda, Nancy, Gloria, Nilda, Celia, Julia, María, Zulma, Nancy, Rosa, Susana, Veronica, Balbina, Honorario, Lucina, Aurora, Nidia, Beatriz*, Elisa*, Agueda*

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Translated from Spanish by Kiva volunteer Katie Kavanagh

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