A loan of $6,700 helped a member purchase more ingredients such as lettuce, tomatoes, chiles, onions, mayonnaise, cheese, cream, corn, fish, shrimp, etc.


El Farito Group's story

This group is called “El Farito.” The people who constitute it decided to give it this name because that is the name of the community where they reside. This account is about Sra. Elia since she is one of the members of this group. She is 49 years old, married and has three children of whom only Brandon is studying. He is in the fourth year of primary school, while her older two are married. She has been selling food for five years.

Elia says she started this business because she wanted a way of supporting her children and offering them a better quality of life and this job enabled her to be available to her youngest child. She also wanted to rely on a more stable financial solvency. She will use the loan that she received to purchase ingredients such as lettuce, tomatoes, chiles, onions, mayonnaise, cheese, cream, corn, fish, shrimp, etc. in order to continue her sales.

Elia’s goal is to provide an excellent quality of life and education to her son so that he will have a very good professional career. She also wants to make her business grow much more so much that she is thinking of saving in order to build a place of business to install a restaurant in order to expand and increase her earnings.

Elia thanks Fundación Realidad and Kiva on behalf of herself and her family since, thanks to them, she will be able to improve her life because now she will have an excellent quality of life and financial solvency.

The members of El Farito Communal Bank and the businesses they engage in are the following: Maribel-fish shop, Victor Manuel-clothing store, Silvia-fish shop, Elia-food sales, María Magdalena-fish shop, Eliodora-groceries, Ricarda-food sales, Maribella-butcher’s shop, Inocente-fish shop, Constancio-fish shop and Jesús-pharmacy.

In this group: Maribel, Victor Manuel, Silvia, Elia, Maria Magdalena, Eliodora, Ricarda Rafaela, Marbella, Inocente, Constancio, Jesus Mariano

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Translated from Spanish by Kiva volunteer Diane Chaney


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