A loan of $4,475 helped a member to buy clothes, lingerie, and cosmetics.

Banco Mujer Nuevo Caribe Group's story

This is Leticia’s second loan. She is a very successful small businesswoman, the head of her household, and she is an excellent mother. She says that the loan that was given was a great help to her and her colleagues in the communal bank.

She was able to invest in merchandise for the Christmas season. She got a lot of good earnings, which allowed her to reach one of the medium term goals she had set. She bought an automobile to facilitate the sales and collections for her products. She also uses the automobile to transport her disabled son to therapies and doctor’s visits.

She will use this loan in the same way. She will buy clothes, lingerie, and cosmetics. With the same motivation she is completely sure that her business will continue to grow.

Leticia’s communal bank is comprised of eight other members. They are very responsible, organized, and committed. They also develop commercial business activities and services.

In this group: Cinthya, Leticia, Shirley, Sharon, Nydia, Lizeth, Karla, Silvia, Suyen*
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

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Loan details