A loan of $2,650 helped a member to buy articles to make arrangements.

Carmidas Group's story

Carmidas is a communal bank in the town of García, Nuevo Leon. It is comprised of seven women entrepreneurs who are currently completing their second loan cycle in Credituyo. They chose the name "Carmidas" because it is the name of the street where the majority of the members lives. They have known each other for almost three years, ever since they came to live in this colony.

María Lidia, one of the members of the group, is 33 years old, married and has three children, a nine-year-old and six-year-old who are in elementary school, and the youngest, who is just ten months old. For three years, María Lidia has been known as an enterprising woman. She began selling snacks to help her husband with the household expenses. However, lately she is looking to go into new businesses. She has requested a loan to buy balloons, stuffed animals, ribbons, confetti, tissue paper and other articles for arrangements for Mother's Day and school graduations that will start in June. María Lidia hopes the help from the loan and the income from selling arrangements will give her children the best future possible.

In this group: Ana Cristina, Claudia Patricia*, Maria De Jesus , Maria Lidia, Mayra Alejandra, Rocio Esmeralda, Rosa Belem

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Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details