A loan of $2,450 helped a member to buy bundles of used clothing.


La Seriedad Group's story

Elvia is a member of 'La Seriedad' community bank. She is 50 years old, married, and has seven children (three daughters and four sons). Her husband raises livestock and works together with their sons. Elvia's goal is to see her children become professionals and see them working.

Elvia has been selling new and used clothing for 15 years. She will invest the loan that she is requesting in buying two bundles of clothing, especially fashionable styles. This will enable her to increase her sales, attracting more people's attention. With the support of the loan, she will have more merchandise and will therefore be able to increase her profits and improve her household finances. One of the difficulties she faces is that sometimes her customers don't pay. Her biggest dream is to save up so that she can buy her own sales premises because she currently makes her sales on foot and she has to deal with changes in the weather. Elvia has been receiving support from FAMA for 15 loan cycles. She is a client who has always made her loan repayments on time.

In this group: Luz Benita , Elvia Rosa, Nanci Jakeline , Rosa Celenia, Suyapa Argentina , Fatima Yolesmy , Yohana Lizeth , Mirian Amanda, Candida Rosa
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard



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Loan details