A loan of $1,300 helped a member working capital.


G.s. El Rosario Group's story

Mr. Manuel de Jesús is 46 years old, is married and has two grown children of 20 and 23 years of age. He is the owner of a business selling natural remedies, which he distributes as a street vendor. He has been doing this for 10 years and started the business because lack of employment. He will use this loan to invest in the purchase of natural remedies to be able to stock his business and increase his sales due to having more variety in his products. Another member of the group is Don Herman Francisco, who is 23 years old, single and has no children. He makes a living selling nacatamales (steamed meat and vegetables in banana or corn leaves) and butchering pigs, which he does from his home. He states that the lack of small business financing is having a negative effect. He started this business because of a lack of work and his need to survive. He wants to invest this loan in the purchase of supplies to make nacatamales, since the prices of these are higher every day and affect the price of his products. Mrs. Lucia Del Rosario also belongs to the group, she is 24 years old, married and has two children of 8 and 10 years of age. She makes a living butchering pigs and making nacatamales, which she sells as a street vendor and also from her home. She has been in this business for 5 years, which started as a need for a source of income for her family, because her husband's income did not cover the costs of their basic needs. Doña María belongs to the group El Rosario. She is 50 years old, married and has two children of 13 and 25 years of age. Her husband works as a bricklayer. She makes a living by making tacos, enchiladas and fritangas and also makes typical lunches and food for orders. She is very well know in her area. Another member of the group is Mrs. Alba Maritza, 31 years old, married and has a 7 year old daughter in elementary school. She sells new clothing as a street vendor. She has established customers because she has been in this business for 4 years. At the beginning she decided to start this business because of the lack of employment which caused her to look for alternative ways to support her daughter. She request this loan for the purchase of new merchandise to be able to take advantage of the sales during the Christmas season.

In this group: Manuel De Jesus, Herman Francisco, Lucia Del Rosario, Maria Elena , Alba Maritza
*not pictured

Translated from Spanish by Kiva volunteer Laura Bobbit



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