A loan of $2,825 helped a member to buy meat in bulk.

Villa Mercedez Group's story

The communal bank VILLA MERCEDEZ is composed of 10 members, 8 women and 2 men. The president of the bank is Shirley, 34 years old, who with her partner has two children - 2 and 3 years of age. She has worked in the sale of meat for many years, and this loan is her first with this institution. Shirley will use this loan for the purchase of meat, and in this way increase her working capital. The reason she is asking for this loan is a lack of working capital. Shirley faces challenges in her business including competition - as there are many people who sell meat in the area where she sells - however she has many clients because of the good treatment she gives them and because she is a very friendly person. She is going to use the benefits of this loan to continue improving her business, and she wishes to be able to have a store in the market near where she lives in the longer term. Shirley is a very hardworking person and she is happy for the opportunity provided to her and her group mates, especially since in some cases they are the sole providers for their families.

In this group: Shirley, Marciana, Mayra Alejandra, Karen Meliza, Julio Celso, Maria Elena, Juan Carlos, Yoselin, Daniela, Juana Del Carmen

Translated from Spanish by Kiva volunteer Kaitlyn Godfrey

Loan details

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Loan details