A loan of $2,775 helped a member to buy ingredients such as rice and noodles wholesale.


Nueva Esperanza Ii Group's story

The Nueva Esperanza II Communal Bank, which is entering into its first loan cycle, is made up of eight members who live in the Nueva Esperanza area. They each have their own businesses. Their president is Sonia, who is 43 years old and has lived in the area for nine years. Her business is selling food from her home and she has been doing this work for three years. She has a second job as a caretaker at a school where she also sells her delicious dishes. Sonia is someone who works a lot and makes an effort to get ahead and improve the quality of life of her whole family. With the money from the loan she will buy ingredients such as rice and noodles wholesale. Sonia and her fellow bank members are very thankful to their bank for having trusted them and offered them the help to be able to make their businesses grow.

In this group: Sonia, Victoria, Jhonny Richard, Francy, Silverio, Maribel, Erlan, Dionicia
*not pictured

Translated from Spanish by Kiva volunteer Alyson Trowbridge



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Loan details