A loan of $3,950 helped a member to purchase seasonal clothing for winter.

Ignacio Warnes Group's story

The venture bank IGNACIO WARNES is made up of eight members: seven women and one man. The president of the bank is Señora Jacinta, who is the one wearing a yellow blouse, blue jacket with light-blue stripes on the sleeves, and jeans. She is next to the secretary, who is carrying the notebook with the minutes.

Señora Jacinta is 33 years old and is not married, but she lives with partner with whom she has two children aged 3 and 2 years old. She works selling clothing. She has a store located in the Ignacio Warnes neighborhood, from which the bank takes its name.

This loan will be her first lending cycle with the institution. Señora Jacinta will use this loan for the purchase of seasonal clothing for winter, and in this way will increase her working capital. Her reason for requesting this loan is to invest in merchandise. Señora Jacinta faces challenges in her business, namely her competition, and she will use her profits to increase her merchandise. Her dream for her business is to acquire a store in a market.

Señora Jacinta is a very hard-working person, who is happy and grateful to the institution for the support provided to her and her companions in the group.

In this group: Jacinta, Rossy, Monica, Rosario, Guadalupe, Andres, Carla Lorena, Eusebia Zoila

Translated from Spanish by Kiva volunteer Arabella Pollack

Loan details

Lenders and lending teams

Loan details