A loan of $2,375 helped a member to buy fabric and threads for making aprons.


Las Estrellas Group's story

The 'Las Estrellas' (Stars) community bank is in its first loan cycle. It has ten members; nine women and one man. The majority of the members live in Alto Pacasa district. The members sell a variety of products such as food, clothes, cosmetics, sweets, etc. They are new members who are applying for their first loan from our institution. They have attended all the talks, they are organized and they have a desire to succeed.

Rossmery is the group's representative. She is currently the bank's president and her business is sewing aprons. She has been in this business for 5 years. She also works in La Llave Restaurant in the center of town. Her loan will be used to buy fabric and threads for sewing her aprons which she will then sell in the market. Rossmery is married to Marcos and they have three children. Her goal is to have a big workshop with several sewing machines and to create a small business. She has stood out in her community bank as being a leader of the group.

Dora is the bank's treasurer. She is a housewife and in her spare time she works as an assistant, selling food with her family members. Her loan will be used to buy goods for her home. She is married to Juan who works as a minibus driver as a member of a union in the city. They have five children, two of whom are still financially dependent on their parents and three of whom are married and live in their own homes.

Dora is one of the community bank's representatives who worked on setting the group up and on carrying out the necessary checks. In the photo, one of the members brought her sister along.

In this group: Rossmery Maria, Dora Victoria, Gonzalo , Josefa, Graciela , Kely Marilin , Lizeth, Alejandra Pamela, Eugenia Catalina

Translated from Spanish by Kiva volunteer Linda Oxnard



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