A loan of $1,750 helped a member buy merchandise to resell.


Las Gardenias Group's story

Matilde, 58, is a new member of the Las Gardenias community bank. She has nine children, two of whom still depend on her: a daughter, 23, who is a student of economics at the Universidad Mayor de San Marcos and a son, 16, who is still in high school. Matilde is responsible for supporting the children and paying the family's other expenses because her husband abandoned the family several years ago. She is an amazing mother who has managed to raise her children while working hard to support them. Matilde operates a business selling fresh vegetables and grains, along with other produce. She buys the products herself from a farm in the country and brings them to her town for sale. She is applying for a loan so that she can buy potatoes, cheese, beans and meat that she will resell. Matilde would like to open a store in her house one day, a step that would ensure her future. There are 9 members of the community bank in the photograph, one of whom brought her little daughter. Sr. V. P. Edgardo Humberto wasn't able to attend the session, taken when she funds were distributed, because he had to work.

In this group: Matilde Aurelia, Yuli Esther, Sara Milagros, Norma Consuelo, Edgardo Humberto*, Ernestina, Juan Francisco, Ana Maria, Gladys Judith, Freddy Gregorio
*not pictured

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Translated from Spanish by Kiva volunteer Jere Wiseman



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