A loan of $4,625 helped a member to buy sheets, bedspreads and clothing.

Los Nuevos Amigos (Calceta) Group's story

The Communal Bank "Los Nuevos Amigos" (New Friends) meets every two weeks in the beautiful city of Calceta, a city described as incomparable due to the beauty of its women and because the locals consider it the most beautiful city in the world.

This group of people decided to get together four months ago and form this Communal Bank, which has been a great help to them in improving their small businesses. They are engaged in various activities such as trading, providing services, selling meals and so on.

Señora Miriam is a local. She is 29 years old and is in a common-law marriage from which she has three children aged 11, 10 and one. The eldest two are studying in school. Her husband is a security guard.

She works at selling sheets, bedspreads and clothing through a catalog. She sells door-to-door and also from home in the case of her best-known customers. She works mostly from customer orders received. She works every day from 8 a.m. to 11.30 a.m. Then she prepares lunch for when her children come in from school. She does not go out in the afternoon as she has to help her children, but she does attend to customers who come to the house. She gives her customers credit and then collects payment on the weekends. She has dedicated the last four years to this business and it is going well.

She will use this loan to buy more sheets, bedspreads and clothing by catalog. This is her first loan cycle in the Communal Bank and she likes the speed with which the loans are issued.

Her dream is that her children should want for nothing.

In this group: Miriam Ariana, Jennifer Monserrate, Johanna Elizabeth, Laura Victoria, María Daniela, Alicia Asuncion, María Angelica, Julio Cesar, Ana Isabel, Felix Vinicio, Erika Tatiana, Denny Consuelo, Luis Miguel, Sara Albertina

Translated from Spanish

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