A loan of $2,450 helped a member to buy food products: rice, noodles, sugar and oil.

14 De Diciembre Group's story

The '14 de Diciembre' (14th of December) community bank is entering its third loan cycle in the Villa Exaltación regional office. The bank has eight members: seven women and one man. The bank's board is made up of the president, Rosa, the treasurer, Noly and the secretary, David. The members' businesses are in commerce and services. They include: fruit sales, cell phone case sales, jewelry, 'pasanaco' (a group savings fund), grocery store, taxi driver, and sweater and tie sales.

Betzabe is president of the '14 de Diciembre' association. She has experience as a member of Pro Mujer, having been through three loan cycles. Her business is running a grocery store. Her business used to be travelling and buying merchandise but over time this business became very difficult and, on her daughter's advice, she decided to open a store. She serves in her store from 8.00am to 4.00pm together with her children.

When we asked Betzabe what she liked most about Pro Mujer she replied that it was her group and being together.

In this group: Rosa Nieves, Sebastiana Virginia, Silvia Eugenia, David, Ana Margoth, Noly Miriam, Laura Cecilia, Vania Soledad

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

Lenders and lending teams

Loan details