A loan of $4,975 helped a member to buy construction materials for the construction of a new room for her house.

Pio Xii Group's story

The entrepreneurial banking group PIO XII is made up of ten members, eight women and two men, and the president of the group is Teodosia. She is 43 years old and married with 4 children, ages 23, 20, 19, and 16. She has been in the business of making hand-woven blankets for many years, and she lives in the neighborhood of Barrio Municipal.

This loan is her first one with the lending partner, and Teodosia will use the funds to buy construction materials for constructing a new room in her house. Her reason for asking for this loan is that she lacks money to buy the construction materials herself. Teodosia wants to eventually open a shop of her own to show her woven goods, since she currently takes them to many different markets around the city and in her own neighborhood, and she will use the benefits to improve her family's quality of life.

In this group: Teodosia, Virginia, Adela Paulina, Elvira, Mercedes Gladys, Martha, Adalid Luis, Teodora, Antonio Luis, Amalia Rufina

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Translated from Spanish by Kiva volunteer Elizabeth Mount

Loan details

Lenders and lending teams

Loan details