A loan of $2,200 helped a member purchase of fabric and ingredients for meals.

Saguinto Group's story

Venture bank consists of 8 members of whom 5 are living in the same area of Arcoíris and Campo Verde and the rest live in the neighborhood of San Lorenzo. Their activity: selling food, selling clothes, cosmetics, etc. The President is Mrs. Cristina who has been a dressmaker for 5 years. She works at home and has her own work materials. The money from the loan will be used to buy fabric for the creation of the garments as she has already received orders for t-shirts. She is living with Mr. Benigno and they have three school-age children. The secretary Mrs. Mariela has lived in the neighborhood of San Lorenzo for 1 year. Her business is selling food at home and she lives with Mr. Luis who is a mechanic and has a son. With the loan they will buy ingredients for the preparation of their meals. The treasurer, Román, is a mason. He lives in the area of Arcoíris and he works in the district near to where he lives with Mrs. Carolina. She is a stay-at-home mother with two children. These are responsible and punctual people and they are grateful to this institution for the financial support and motivation to excel in their businesses and activities.

In this group: Cristina, Roman , Raquel, Ana Isabel , Pamela , Ines , Mariela, Reynaldo
*not pictured

Translated from Spanish by Kiva volunteer Bryan Herzog

Loan details

Lenders and lending teams

Loan details