A loan of $3,750 helped a member to buy salt, rennet, and molds to make cheese.

Balcon Florido Group's story

Good Afternoon! At this time, we will meet one of the oldest communal banks, "Balcón Florido,” which is made up of 10 members who are in their 12th loan cycle. Most of the members are neighbors from the area. This group has demonstrated responsibility and honesty.

Teodulo, 40, is married and has a daughter. His family has been his main motivation to continue to improve each day. Teodulo, like most of his fellow group members, has a business making cheese that he offers to stores and markets. He has been in this line of work for more than 15 years. A fruit of his labors is that he has accomplished one of his goals: to make improvements to his house, and he has also supported his daughter in her education. Teodulo's main desire is to continue working positively, as this will permit him to continue to support his daughter's education.

Teodulo is requesting a loan to buy supplies, such as: salt, rennet (enzymes to curdle the cheese), and molds to make the cheese. He feels happy to see that other people are helping him to make progress. In the photo, Teodulo is at the back. He is second from the right, wearing a white shirt with black stripes.

In this group: Isabel Loyda, Jhon Ammer, Teodulo Miguel, Idelfonza Aurora, Bertilo, Saul Fernando, Elva, Liz Isabel, Elena Rosa, Estela Florinda

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Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

Lenders and lending teams

Loan details