A loan of $2,875 helped a member to purchase assorted products to stock her business, such as groceries and soft drinks.


Las Frutillitas Group's story

The communal bank Las Frutillitas comprises eight members: seven women and one man. The president of the bank is Ángela, who lives in the area. Ángela is thirty years old and has three children, who are ten, twelve, and eighteen years old. She works selling a variety of essential goods at her neighborhood store, which is located in the same area where she lives. This will be her first loan cycle with this institution. Ángela is going to use this loan to purchase an assortment of products to stock her business, such as groceries and soft drinks, so that she can offer product variety to her customers. The reason she is requesting this loan is to keep improving her business. Ángela will use her profits to keep buying products so that she can gradually improve her income. Her wish is for her business to include a stockroom so that she can offer her customers better service. Ángela is a very hard worker. She is happy with the opportunity she is being offered, along with her fellow members, because in many cases they are people who are raising their families alone.

In this group: Sara Valeria, Maria Rebeca, Willy, Angela Mabel, Irene, Maria Magdalena, Albertina Lore, Helen Tatiana
*not pictured

Translated from Spanish by Kiva volunteer Mariana Sanchis



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Loan details