A loan of $700 helped a member to buy pigs.


Grupo Solidario Flor De Cayo Blanco Group's story

The “Flor de Cayo Blanco” communal bank has two members (Omar and Iris) who live in the village of Cayo Blanco and carry out different economic activities.

The group coordinator is Omar Antonio A., 44. His family consists of his wife and his three children. Omar is a pork merchant. He started his business when he got married because he had to leave his parents’ house and had to find a way to support his wife. He started buying pigs to butcher and sell the meat to grocery stores and butcheries.

One of the advantages of the business is that it is very profitable, and this has allowed him to support his family, although with many financial limitations. One of the disadvantages is that the market is saturated with people who do the same kind of work and some of them, in order to sell their products quickly, do so at such low prices that he is unable to compete.

With the support this loan gives him he hopes to have sufficient profits to support his household and to buy school supplies, uniforms and shoes that his children need to go to school.

His fellow group member, Iris, sells snacks. She is married and has two children.

In this group: Omar Antonio , Luz Idalia
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish



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