A loan of $775 helped a member to purchase rental furniture.

Duo Solidario Renacer Group's story

The communal bank "Duo Renacer" is made up of two people. Señora Hilda Floridalma, who is the leader of the duo, is 30 years old. She makes her living in a variety of businesses, such as furniture rental (chairs, tables and other items) and net and lasso sales. She also sells hangers for clothing. She started her business 5 years ago with the help of her father-in-law, who gave her some of the furniture to rent. And her husband helped her with some capital to purchase lassos. Señora Hilda Floridalma is requesting the loan to purchase more furniture to stock up her business. She has 4 young children, and her wish is to give them an education. The young man, Santos Faustino, who is 23 years old and single, makes his living making lassos in his home. He started his business with the help of a man he works with. This man gave Santos Faustino the raw material he needed to start, and now he provides his own raw materials. With the income from his business, Santos Faustino can contribute to the household expenses. His parents are deceased and he has younger siblings who he helps out. His wish is to have a small shop to be able to sell his products closer to his customer base.

In this group: Hilda Floridalma, Santos Faustino

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Translated from Spanish by Kiva volunteer Marni Siegal

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