A loan of $1,700 helped a member to buy animals to breed for subsequent sale.

San Miguel Group's story

The communal bank San Miguel was formed through the initiative of Señora Blasia who was very interested in the program, organized her friends, as they are all neighbours, into the group which currently has a total of 12 members. They are all women of little means and they saw the Fundacion as a great opportunity as several communal banks in the city are making progress.

This group is in its 1st cycle and is learning the importance of teamwork that is honest, responsible and communicative within the group.

Señora Blasia works in the breeding and sale of animals. She says that this kind of work is very hard as she must keep a close eye on the animals so they do not get sick and the like. In spite of this, she says that she makes a very good profit and she would like to continue in this work.

One of her dreams is to have a farm where she can keep all kinds of animals for breeding.

She is asking for the loan to buy animals, as well as nutritionally balanced feed for them. She is grateful to the Fundacion for the opportunity this provides her with as obtaining the loan will be of considerable help to her.

In this group: Blasia Tecla, Epifania, Maria, Alicia, Zunilda, Maria, Silvia, Angelina, Hermogena, Elsa, Leonarda, Esmelda
*not pictured

Translated from Spanish by Kiva volunteer Maria Blyth

Loan details

Lenders and lending teams

Loan details