A loan of $2,800 helped a member to buy perfume, make-up, creams, deodorant, lipstick, and nail polish.

La Capilla Group's story

This communal bank is called La Capilla. Antonia and Petra are members who are going to use their loans to buy mangos, apples, tomatoes, and hot peppers.

Porfiria is going to buy perfumes, and Ángela is going to buy ironing boards and pots and pans. Reyna is going to buy fabric and thread, and Teresa is going to buy candy, caramel lollipops, “pelones” (a popular tamarind-flavored candy), and mangos. Victoria Isabel is going to buy shoes, and Deasy is going to buy cosmetics.

Deasy, age 20, is married and has a one year old son. She requested her loan to buy perfume, make-up, creams, deodorant, and lipstick, etc. She will do this because she is going to start a business of selling by catalog in order to get income for her future and to get her family ahead.

Deasy likes this business because she has the opportunity to meet a lot of people. Her hopes and dreams are to continue working and that it goes well for her in her business. She hopes and dreams of being able to build her house and give her son the best.

The members of the group want to give Kiva and Vision Fund (FRAC) the following message, “We are grateful for the loans. Thanks for having trust in us, we will not let you down. You are giving us the opportunity to grow our businesses and to live better with our families.”

In this group: Antonia, Porfiria , Ángela , Reyna , Teresa , Petra, Victoria Isabel, Deasy

Translated from Spanish by Kiva volunteer Ginny Kalish

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