A loan of $2,275 helped a member to buy beauty salon supplies.


Lideres Emprendedores Group's story

Líderes Emprendedores Communal Bank is made up of eight members, seven women and one man. The president of the bank is María. She is 29 years old and married with one child, 3. She works in the hairdressing business. She has her beauty salon located in a strategic area of the town of El Torno. This loan is her first sequence with the institution. María will use this loan to buy hairdressing supplies such as hair cream and shampoo, and in this way increase her working capital. Her reason for requesting this loan is to improve her business. María faces challenges in her business such as growing her clientele. She is going to use the profits to improve her family's quality of life. María's desire is to have a stable business.

In this group: Maria Angelica, Fortunata, Maribel, Persida, Lucila Fidelia, Humberto, Cristina, Samandra
*not pictured

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Translated from Spanish by Kiva volunteer Catharine Wall



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Loan details