A loan of $3,875 helped a member to buy supplies for making bread.

La Cabañita Group's story

Sra. Reynalda is 76 years old and a member of the group “La Cabañita”. This name was selected by the group because they meet in a “cabaña” (hut) owned by one of the members in order to submit their loan payments. Reynalda has managed a bakery for more than 15 years. This business provides a source of employment for her and her children. She says that her entire family works in this business. Reynalda is the senior member of the family and even her grandchildren participate in the work. Some make the flour while others are in charge of baking. Other family members sell by driving tricycles in the community and making deliveries to stores. Reynalda says that she wakes up at an early hour in order to make the bread. She receives orders on a daily basis and then returns home in the evenings in time for dinner. Reynalda says that her business produces a wide variety of products such as croissants, sweet breads, empanadas, sweet rolls, sandwich buns, sponge cakes, ciabatta bread, cream puffs, and many other items. She is requesting a loan from the microfinance institution so that she can buy materials at wholesale such as flour, sugar, milk, eggs, flavorings, firewood, and gas in order to make her delicious breads. Sra. Reynalda’s goal is to continue expanding her business so that her bread becomes well-known in different communities.

The other 14 women are Consuelo, Leticia, Ma. del Rosario, Florentina, Maribel, Tomasa, Elvia, Blanca Estela, Marisela, Martha, Isabel, Liliana, Sofía, and Gabriela. They will invest their loans in a print shop, selling fruits and legumes, selling shoes through catalogs, selling perfumes, a candy shop, a grocery store, selling jewelry, an auto repair shop, and a food stand. All of them are extremely grateful to the microfinance institution for this loan so that they can better stock their businesses and have better earnings. This will enable them to provide their families a better quality of life.

In this group: Consuelo, Leticia*, Ma Del Rosario, Florentina, Maribel , Tomasa, Blanca Estela , Maricela, Martha, Isabel, Liliana, Reynalda, Sofia, Gabriela, Elvia
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica

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