A loan of $1,600 helped a member operating capital to buy fabrics.

Superacion Group's story

Doña Rosa P., age 20, is a single mother with a sixth graD. education. She has a five year old daughter and earns her living by manufacturing sweatshirts. Rosa has years of experience in this business because she has been working since she was a young girl. With the income she earns, she is able to cover her personal expenses and that of her daughter. Rosa is solely in charge of the expenses because she does not receive any financial support from the father of her daughter. Next year her daughter will enroll in school, so her expenses will increase. She dreams of having a large business so that her daughter can get ahead. With enthusiasm, the desire to succeed, and the help of a cousin and her neighbors, Rosa organized a group for the purpose of requesting a loan.

This Communal Bank is called “Superación” (To Overcome), a name that was selected by all of the members with the belief that they can overcome with inner personal strength and the support of their families. The group consists of eleven women who are engaged in different business activities such as raising animals, manufacturing cooking utensils, weaving napkins, making clothes, and selling daily consumer products. Rosa will use her loan to buy fabrics so that she can increase her production and generate more income. Her dream is to grow her business, but she lacks the capital to do so. She believes this loan will help her accomplish her goals, allowing her to achieve personal development and help her daughter grow.

In this group: Rosa Francisca, Paula Ajín, María, Santos Estebana, Gregoria Mercedes, Catarina, Santa, Sara Noemí, Obispa Susana, Juana Romelia, Juliana

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Translated from Spanish by Kiva volunteer Ronan Reodica

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