A loan of $2,500 helped a member to buy auto repair parts.

Roca Fuerte Group's story

The "ROCA FUERTE communal bank is a group of 8 people of which 7 are women and one is a man. This bank belongs to the Villa Exaltación focus center and is beginning its 14th period. During this time the members have been able to get to know each other well.

Each member has her own business, be it in production, sales or services.

The "Roca Fuerte" communal bank's organization is run by the board of directors which is comprised of the president, Mrs. Antonia, the treasurer, Mrs. Maritza and the secretary, Mrs. Maria.

The president, Mrs. Antonia, is 59 years old and lives with her husband and seven children. She has an auto repair shop (brake parts) which she established because her son was knowledgeable in this area. The business is four years old. Her first loan was for US $100 which she used to buy a sewing machine for her first business. With the current loan she plans to buy items for the repair shop.

When asked what she liked most about the lending institution the president responded saying it was the training and savings.

In this group: Antonia, Daniel Severich, Lourdes, Maritza Nena, Patricia, Vedala, María Ximena, Beatriz

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Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details