A loan of $900 helped a member to buy hair dyes.


Yahve Yire Group's story

Yahve Yire is a new communal bank composed of seven very enthusiastic members who have high expectations because they plan to invest the loan they got in businesses or to set them up. Ana María, 38, is the President. She’s married and has three children. She’s been a Cosmetologist for 18 years. She tells us that she started out with just a little table and mirror and the basic tools to cut hair in a rented space. However, as a result of her hard work she was able to buy her own locale five years ago. Currently she’s well established professionally and she’s been able to expand her business. At the same time, however, she’s sad because she has a 10 year old son who is still in treatment because of kidney disease at such a young age. Ana María hopes to buy an electric hair clipper and the loan will be used to acquire products like hair dyes. Her dream is to have her own beauty spa. Her daughter is studying Dermatologic Cosmetics and when she finishes will help Ana María in her beauty salon so that gradually she can reach her goal of opening a spa. The members of the new communal bank “Yahve Yire,” which means The Lord Will Provide, are committed to making their businesses grow.

In this group: Ana Maria, Marlene, Miguel Angel, Gustavo, Viviana Maria, Sonia Elvira, Rosa Del Pilar
*not pictured

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Translated from Spanish by Kiva volunteer Polliz



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