A loan of $3,750 helped a member purchase of furniture.

Las Perlas Group's story

This long-standing development bank is in its eighth cycle. It is maD. up of 11 members who all live in different parts of the La Guardia area.

The President, Luis, is 22 years old, and has lived in the town of La Guardia for 16 years. He has been a warehouse manager at a well-known laboratory in the city for the last 2 years. He is single and has no children at the moment, but he would like to have a family in the future. He will use the money from the loan to buy furniture for his house, since he would like to have new furniture for New Year's festivities.

The Secretary, Deisy, is 38 years old and has lived in the area for 5 years. For the past 5 years, her business has been selling food and cosmetics in the La Guardia area. She has both businesses in order to earn more income. She lives with her partner Miguel, who is a motorcycle taxi driver in the La Guardia area. They have 3 school-age children. With the money from the loan, she will buy ingredients for the preparation of her delicious meals.

The members are very grateful to the financial institution for having confidence in them, and for having opened doors for them when they most needed it.

In this group: Luis Fernando, Isabel, Rosa, Gabriela, Marisol, Maria Ingrid, Petrona, Deisy, Roberto Carlos, Maricela Isabel, Victoria

Translated from Spanish by Kiva volunteer Karen Monat

Loan details

Lenders and lending teams

Loan details