A loan of $2,850 helped a member to buy ingredients such as rice, pasta and sugar.


Fe Y Alegria Group's story

The FE Y ALEGRIA venture bank is made up of eight members. All of them are women who work at different activities. The president of the bank is Kelly. She is 24 years old and isn't married but lives with her partner. They have two dependent children, aged 3 and 8. She makes and sells food from her home. She lives in the town of Pedro Lorenzo. This loan is her first with the institution. Kelly will use this loan to buy ingredients for her food, such as rice and pasta. The reason she is asking for this loan is to increase her working capital. Kelly faces challenges in her business such as providing quality service and the competition. She will use the profits to improve her quality of life. Her dream for her business is to have more customers and thus increase her financial income.

In this group: Pura, Esmeralda, Yobana, Virginia, Gabriela, Marilin, Kelly Paola, Brenda

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Translated from Spanish by Kiva volunteer Ellen Donohue



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