A loan of $3,325 helped a member to buy soft drinks to stock her restaurant.


El Escondite Group's story

Damiana is the president of this group. She is married and has three children who are in school. Damiana runs a small restaurant where she sells food and drinks. Her husband is a construction worker. Damiana's establishment is very well known in the Chimboco area. As the group's meetings take place in the president's home, they decided to name it 'el escondite' (the hideout).

Damiana will use her loan money to buy soft drinks to stock her restaurant. She will also buy potatoes and groceries which she needs to make her meals. This community bank is maD. up of neighbors who have all lived in the same area for several years. Each member has their own business activity that they are engaged in from Monday to Sunday. They all know each other well. One man participates in the group. The group's members are all very well known for their different businesses. They are hard-working and dynamic people who are grateful to the institution for the support they have offered them.

In this group: Damiana, Rosa, Guillermina , Alberto, Edelia, Felipa , Perpetua, Miriam, Maria Adelaida

Translated from Spanish by Kiva volunteer Linda Oxnard



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