A loan of $1,600 helped a member to buy basic ingredients to prepare bread. Other group members will buy sandals and household and sewing items.


Banco Mujer Por Fe Group's story

Doña Maria is a member of the communal bank "Mujer Por Fe" (Woman of Honor) and has much entrepreneurial vision and will to aim ever higher. She is 38 years old and is the mother of three minor children. She did not have the opportunity to go to school due to lack of resources, and with her partner she has a little bakery that represents the only source of income for their household.

Six months ago her fellow members of Banco Mujer gave her the opportunity to join the group, and this is her second loan. She is going to invest it in the purchase of basic items such as flour, sugar, creams, jellies, and all the ingredients necessary to prepare bread and other bakery products.

Her work schedule begins very early to carry out her domestic duties, prepare her children to attend school, and dedicate sufficient time to her business, with the advantage that her partner helps her and together they see to the business.

The loan will be of a great help to her and her business since she will be able to invest more in working capital and increase production and with it the sales of her products.

Her great desire is to improve the economic situation of her family and at the same time their quality of life.

Along with Maria are Johanna, Alba, and Celia, her fellow bank members, who are going to invest in commercial activities and a small industry.

In this group: Johanna , Maria, Alba, Celia

Translated from Spanish by Kiva volunteer Pam McMurry



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