A loan of $2,850 helped a member to buy flour and butter to make her empanadas.


El Mirador Group's story

The venture bank El Mirador is comprised of 9 members, 6 women and 3 men. The president of the bank is Sofía. She is 42 years old, married, and has 2 children who are 5 and 14 year old. She works making and selling empanadas. She lives in La Guardia. This loan will be her first from the institution. Sofía will use the loan to buy flour and butter for making her empanadas and in this way will increase her working capital and improve her business. Her reason for requesting this loan is a lack of capital. Sofía faces challenges in her business, including increasing her client base, and she will use the profits to improve the quality of life for her family. Sofía is a very hardworking person and she is pleased and grateful that the institute offers support to her and her group members.

In this group: Sofia, Angelica, Patricia, Rider, Gaby Yolin, Max, Mary Alejandra, Jeronima, Escolastico

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Translated from Spanish by Kiva volunteer Alison Hynd



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