A loan of $3,000 helped a member to buy consumables in order to prepare rich, delicious dishes.

Pedro Lorenzo Group's story

The entrepreneurial bank Pedro Lorenzo is comprised of nine members--all women--who make their livings through various businesses in both the commercial and service sectors.

The president of the group is Maryluz. She is twenty-two years old and unmarried though she lives with her partner. She doesn't yet have children. She makes her living selling food and lives in the community of Pedro Lorenzo, which is the origin of the name of the entrepreneurial bank. This is her first loan cycle with the organization.

Maryluz will use this loan to buy ingredients such as rice, noodles, potatoes, and oil for the preparation of her dishes. Maryluz faces challenges in her business such as expanding her clientele. She will use the proceeds to improve her family's quality of life. Maryluz is very happy and grateful to the organization for the support it has given her and her fellow group-members, who are in many cases individual people who help their families get ahead.

In this group: Cristina, Esilda, Salome, Kleidy Karen, Maria Esther, Maria Estela, Maryluz, Maribel, Lila Doris

Translated from Spanish by Kiva volunteer Kate Kremer

Loan details

Lenders and lending teams

Loan details