A loan of $2,575 helped a member to buy electrical parts, suspensions, mufflers, exhaust pipes, fuel injectors, balances, lubricants, spark plug wires, and spark plugs.


23 De Junio Group's story

The June 23rd Group is a Communal Bank that consists of nine members, one of them being Sra. Teresita. She is 35 years old and has a preparatory school education. Teresita is married to Sr. Misael, who works as a welder. They have two young children, who are in the 6th and 3rd grades respectively.

Doña Teresita says that her husband, in his work as a welder, always has problems with acquiring materials for his job. He must travel to another community to buy what he needs. After talking with her husband, Teresita saved up a little bit of money and opened a small business 10 years ago. There she sells lubricants and mufflers. Teresita says that her business has grown a little bit at a time and has enabled her to help her husband with the household expenses and the education of their children. She says that the key behind the success of her business is providing good service and treating her customers in a friendly manner.

Teresita needs this loan to invest in the purchase of electrical parts, suspensions, mufflers, exhaust pipes, fuel injectors, balances, lubricants, spark plug wires, and spark plugs to restock her business. She hopes that this loan will help her business prosper so that she can convert it into a repair shop in the future.

The other members are:
• Olga – clothing sales
• Guadalupe – chicken sales
• Claudia – clothing sales
• Dalia – grocery sales
• Helodia – grocery sales
• Jose – meat sales
• Cristina – tortilla sales
• Giovanny – selling sandals

In this group: Olga Lidia , Guadalupe , Maria Claudia, Dalia , Helodia , Jose Salvador , Cristina , Santa Teresita, Giovanny*
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica


Loan details


Lenders and lending teams



Loan details