A loan of $1,000 helped a member to buy sugar, rice, lard, salt, beans, and more.

San Valentin Group's story

Silveria is a member of the San Valentín communal bank. She is 60 years old and a widow. She lives in the Los Laureles neighborhood in the community of Tocoa, department of Colon. Silveria lives with her thirteen year old granddaughter who goes to school and in her free time helps Silveria attend to the business. She sells products for household consumption. The business has been running for six years. She started it with a little capital but over time it has grown. Now Silveria has more products in her business to offer her customers. She is open from 7:00 am until 8:30 pm. The advantage is that she has very little competition. She needs the loan to stock her business with more and more varied products such as: sugar, milk, rice, lard, beans, soap, detergent, dairy products, drinks, churros, candies, etc. She hopes that with this loan her income will grow and she will be able to support her granddaughter and also make her payments on time. Her goal is to keep her business stable without needing to ask for loans to stock her store. This is her first cycle in FAMA and she hopes to be able to make her payments on time.

In this group: Brenda Elizabeth, Yehnifer Carolina, Silveria

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Translated from Spanish by Kiva volunteer Ellen Donohue

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Loan details