A loan of $4,725 helped a member to buy cookies, soft drinks and sweets to stock her store.


1º De Mayo Dos Group's story

The communal bank "1º D. MAYO DOS" is entering its second loan cycle. The group has 12 members who live in the area near the 9km marker. These members each have their own businesses.

The president of the group is Ana. She is 28 years old, and has a business selling food and other necessities in her house. She has a neighborhood store that is well stocked where she offers a variety of products to her customers. Because the store is located in a very busy area, she has a lot of customers. She is married to Saúl, who works as a driver, and she has had this business for many years. She and her husband have 3 school-aged children. They are young people who have a strong desire to succeed, and so they work hard each day to proviD. a better future for their children. With the money from this loan, Ana will buy merchandise at wholesale, including: soft drinks, sweets, cookies, and a variety of other products to stock her store. This way she can increase her working capital.

The members of this group are very grateful to our organization for trusting in them and providing them with support so that they can grow in their businesses and activities.

In this group: Sarah, Ana Maria, Carlos, Roxana, Roxana, Jose Miguel, Juan Carlos, Isabel, Saida, Roxana, Cesilio, Angelica Mabel
*not pictured

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Translated from Spanish by Kiva volunteer Lisa Grobar



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