Funded

Total loan: $5,750
Powered by 190 lenders

Arcoiris Group

Mexico
Monterrey, Mexico / Beauty Salon

A loan of $5,750 helped a member to invest in beauty products.


Arcoiris Group's story

Arcoiris [Rainbow] is a group made up of 8 hardworking women. They came up with their name because each one contributes a color of commitment to the group so that it works under the system of joint credit.

One of the members, Maria Teresa, is a mother of two. She knew that she had to work in some way without neglecting her responsibilities as a mother to care for her and educate her kids. She wanted to bring in some income, and with some friends began learning the art of beauty and decided to put a salon in her home. She has grown her business mostly by recommendations from her customers, without much advertising. She's convinced that she's on the right path.

In this group: Asalia Guadalupe, Maria Teresa, Nancy Elizabeth, Norberta, Patricia Guadalupe, Rocio Angelica, Ruth Elizabeth, Virginia
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Mary Berghaus


Loan details

Loan length:

6 months
Disbursed date: April 16, 2012

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: April 16, 2012