A loan of $4,200 helped a member to buy construction materials.


Paz Y Amor Group's story

José, 55, is a member of the communal bank "Paz y Amor". He is married and has six children. His wife is a merchant and they live in the community of Bijao, municipality of Juticalpa, Olancho. For two years José has been in the dairy products business. He and his wife work from 8:00 a.m. to 8:00 p.m. The advantage José has is that business has gone so well that he has made enough profit to pay off debts and support his family.

One of the difficulties he runs into is that there is no electricity in the community and he needs a freezer for the dairy products. The loan requested by José is to renovate his house by putting in a ceramic tile floor. With the help of the loan José will be able to improve his lifestyle since his house currently has a dirt floor so a new tile floor will improve hygiene. One of his goals for the business is to have a wider range of products and a larger shop. This is his second loan through FAMA, and he paid off his previous loan on time.

In this group: Maria Elodia , Kenia Marisol, Francisca Geraldina, Jose De Jesus
*not pictured

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Translated from Spanish by Kiva volunteer Sherry Bess



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