A loan of $2,250 helped a member to buy raw material: gold.

15 De Agosto Group's story

The “15 de Agosto” (August 15) communal bank has 8 members: 7 women and one man. They decided to join together to seek credit, training and health services. This communal bank is part of the Cascada focal center. They are starting cycle #10.

Each member has her own different type of business, such as: vegetable street vendor, woven crafts, sportswear making, macramé crafts, Internet, clothing sales and daily meal services.

For its organization, the 15 de Agosto communal bank has a governing board composed of a President, Edna, a Treasurer, Isidora, and a Recording Secretary, Marina.

The President, Edna, is a 29 year old woman living with her three children. Her business is gold chain crafts. She comments that she started the business with a girl friend 8 years ago. She buys the gold from a firm and makes crafts on order.

Madame President is joining Pro Mujer as a client for the first time. When she is asked what she likes best about the institution she answers: the training.

In this group: Edna, Amalia, Paulino, Marina, Valentina, Julia, Marcelina, Isidora

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Translated from Spanish by Kiva volunteer Polliz

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