A loan of $3,900 helped a member buy supplies like sugar, milk, wheat flour, eggs and other items.

Channel Group's story

This communal bank is named “Channel” it is maD. up of 10 people and located in Puebla, México. Mrs. Ma D. los Angeles is a member; she is 44 years old, studied up to first graD. and is a salesperson. She works selling doughnuts and wraps in her neighborhood outsiD. of schools and in other places. Mrs. Ma D. los Angeles is married and has been in this traD. for 4 years. She needs the loan to buy supplies like sugar, milk, wheat flour, eggs and other items to make her products, and to buy in greater quantities to have better prices. She has had a lot of demand for her goods and is thinking of hiring someone to help her give better service to her customers. At the time of asking for the loan she is even more optimistic about getting ahead as well as being very happy for the opportunity of receiving this loan to give her family a better quality of life and to help meet the household expenses.

In this group: Ma De Los Angeles, Diana Alejandra, Maria Mireya, Susana Claudia, Maria Luisa, Blanca Teresa De Jesus, Patricia, Reyna, Marisol, Monica Gabriela

Translated from Spanish by Kiva volunteer

Loan details

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Loan details