A loan of $3,100 helped a member to invest in buying supplies such as vegetables, cooking oil, soft drinks, etc.

Las Palmeras Group's story

María is 60 years old. She is a single mother with 5 children, who are all married and independent. Her children provide her with economic assistance, which María greatly appreciates. However, she is a hard-working woman, and for the past 7 years, she has operated a business selling meals and soft drinks. She will invest her loan in buying supplies to use for preparing the food, and she will also buy soft drinks in various flavors.

She hopes that her loan will help her get ahead a little more, since she would like her business to grow, and she wants to expand the site where she sells her products.

María belongs to "Las Palmeras" ["The Palms"] communal bank, which is made up of 11 people, 2 men and 9 women. The other members are Hugo, Marisol, Adela, Karina, Rafael, Abias, Ruth, Mirna, Ángela Rafael and Berta. All of them have commercial activities, such as cosmetics sales, urban transportation, grocery store, curiosity shop, butcher shop, animal sales, plastic items sales, etc.

In this group: Hugo , Abias , Marisol, Ruth , Adela , Maria , Angela *, Karina *, Berta , Rafael, Mirna
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Patricia Linderman

Loan details

Lenders and lending teams

Loan details