A loan of $4,325 helped a member to buy underwear.


Renacer Group's story

The Bank of Entrepreneurship Renacer is formed by eight members, including seven women and one man, who are engaged in several activities. The bank's President is Mariela, who is 24 years old and has one son who is six years old. She sells underwear and lingerie as a street vendor. She sells in neighborhoods and even in markets in the town of El Torno.

This loan is her sixth sequence within the institution. Mariela will use this loan to buy merchandise of underwear in bulk for her business. The reason to apply for this loan is the lack of capital to buy merchandise. She liked a lot the attention we gave her and the way Kiva works. Mariela is not losing her courage to get ahead her family. She will use the profits to buy more variety of merchandise. She is grateful for the opportunity that has been given to her.

In this group: Felicia, Mariela, Graciela, Irma, Sonia, Eleuteria, Kathia Monica, Anibal

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Translated from Spanish by Kiva volunteer Elisabet Falgueras



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