A loan of $2,575 helped a member to buy ingredients at wholesale.

Divino Niño Group's story

The “Divino Niño” (Holy Child) communal bank has 8 members; six women and two men. The bank’s president is Clementina who lives in La Guardia. She’s 45-years-old and has two children who are 19 and 17 years old. Clementina sells food in a stand located in the same zone where she lives. This loan will be her second sequence in the institution. Clementina will use this loan to buy ingredients at wholesale like potatoes, rice, noodles and oil to prepare her food thus increasing her working capital. The reason for requesting this loan is to continue improving the business. Clementina will use profits to continue to buy supplies thus improving her income. Her wish for the business is to have a restaurant and offer more comfort to her customers. Clemetina is a very hardworking person who is happy about the opportunity provided her and her fellow group members since in some cases they are their families’ sole source of income.

In this group: Clementina, Mario, Justa, Tatiana, Miguel Angel, Celia, Gladyz, Hilaria

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details