A loan of $3,150 helped a member to buy merchandise for her store.

Amigas Solidarias De Miguel Grau Group's story

“Amigas Solidarias de Miguel Grau” (Supportive Friends of Miguel Grau) is a Communal Bank that consists of eight responsible and enterprising individuals who have worked well with the program.

Nilda is 42 years old and has three dependent children. She has a store that she built with great effort. When she started her business, she sold candy from the corner of her house using a small cart. She said that she had difficulty starting her business because of the competition and having very little merchandise in stock. Nilda gradually built up the inventory of her business using the loans she obtained through the program. Now she has a store with many more products. Her customers prefer to buy from her store because of the friendly service she offers. Nilda wants her store to continue growing so that she can provide a better standard of living for her children.

The Communal Bank “Amigas Solidarias de Miguel Grau” is grateful for the help.

In this group: Nilda Esperanza, Josefina, Bernardina, Judith Aymee, Maximiliana, Gregoria, Alberto, Dolores*
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica

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