A loan of $4,175 helped a member to buy sets of tables and chairs.

71-1Ro De Mayo Dos Group's story

The communal bank 71-1ro de Mayo Dos is made up of nine members, six woman and three men. The president of the bank ANGELICA is 34 years old. She is not married but lives with her partner. They have had three children together who are 13, 7 and 1 years old. She earns her living selling food at her food stall which is located in the los pinos area.

She is asking for a loan to buy sets of tables and chairs for her business since she has many customers but she does not have tables for the comfort of her customers. She is asking for this loan because she does not have working capital. Angelica faces the challenge of a lack of stability in her business. She is going to use the profits to improve her quality of life and that of her family.

Angelica feels happy and is grateful to the institution for the support it has given her and her colleagues from the group, since they are hard-working people who, in most cases, help improve their family’s situation.

In this group: Ana Maria, Carlos, Sixto, Roxana, Juan Carlos, Saida, Angelica Mabel, Maria, Lola

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Translated from Spanish by Kiva volunteer KAROLINA KOSZELSKI

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Loan details