A loan of $1,550 helped a member to buy a tricycle cart.

Santa Mónica Group's story

Santa Mónica is a group formed by six women that’s in its first cycle with Credituyo. They chose this name for the group because that’s the name of the street where they have their weekly meetings. The women in this group carry out various economic activities like: shoe sales, clothing sales and tamales sales.

María de Jesús, 48, is one of the group members. She lives in a free union and has just one son who is already married. María’s husband is a watchman and recently lost his job which forced María de Jesús to start selling tamales to help cover household expenses. María has done quite well with her tamale sales business and expects to use the loan to buy another tricycle cart so that her husband can help her sell tamales in the neighborhoods near her house. In the long run, María de Jesús hopes to make her business grow enough so that she can hire employees and retire.

In this group: Francisca, Juana Janeth, Leticia, Ma De Jesus, Ma Teresa, Nelly Catalina

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Translated from Spanish by Kiva volunteer Polliz

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