A loan of $2,650 helped a member to buy materials to make sweaters.


San Carlos Group's story

Fifty-three-year-old Antonia is married and has three children, one of whom is still her dependent. She has sold slippers for a living for over 20 years and she has been making sweaters for six months as a second business. Through her effort and work she has been able to build her home and give her children an education. Currently, she is using her investment to pay for clothing costs and utilities while her husband covers food expenses. Her plan for the future is to buy more machines for her business' production. She used her loan to buy materials to make her products. Antonia belongs to the San Carlos Communal Bank, which is make up of seven people and of which she has been the president for four months.

In this group: Filomena Antonia, Roxana, Silvia Rosario, Maria Silveria, Violeta Aida, Asuncion, Elsa
*not pictured

Translated from Spanish by Kiva volunteer Alyson Trowbridge



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