A loan of $2,500 helped a member to buy cosmetics, clothes, footwear, paints, brushes, wood.

Banco Mujer Santa Lucía Group's story

This communal bank was formed six months ago in a sociomarginal community located in the province of Cartago, Paraíso Canton. It consists of six women who want to improve their and their family's living conditions. This leads them to look for alternative forms of economic support. By reference of one of their members they looked for information in the foundation about group loans and decided to form a group to start their business project or to strengthen the one they already have.

They have already received the primordial requirement of the capitalization process and the first loan, which they paid punctually. Now they are requesting a second loan according to the communal bank modality, for the amount of 250,000 each.

For personal reasons one of the members retired from the group, which is why in the photo there is one extra person, as this was the photo we had in our records.

They await this loan enthusiastically as it will allow them to extend their businesses by buying more stock to sell via catalogue and raw material to make crafts and artesanal objects.

In this group: Diana, Kattia, Vanesa, Raquel, Maribel

Translated from Spanish by Kiva volunteer Laura Darby

Loan details

Lenders and lending teams

Loan details