A loan of $1,025 helped a member to buy materials like flour, eggs, sugar, shortening, firewood, and milk wholesale in order to make bread.

Terrero Blanco De Taulabe Group's story

María is 51 years old and single. She lives in an urban community in the Taulabe municipality in the Comayagua department.

María used to devote herself to the household chores and occasionally to agriculture. Ten years ago she started her own business of making and selling handmade baked goods like semitas, quesadillas, torta de leche, and rosquillas [types of pastry and rolls].

She has currently requested a group loan, which she plans to use to buy raw materials to make bread. She will buy things like flour, eggs, sugar, shortening, firewood, and milk wholesale. This loan will help her to increase her bread production. Her sales will increase because of her good quality products. She always has customer demand.

In the long term she plans to make improvements to her house (improve the roof and floor). This way she will improve her living conditions.

María belongs to the Terrero Blanco de Taulabe communal bank. It is comprised of two members, María and Angel. The both live in the same community. María makes bread and Angel works in carpentry. They have both been ODEF clients for over eight cycles, which they do in order to stay in business. The group loan is for 20,000 lempiras. Each individual will receive 10,000 lempiras.

In this group: María, Ángel

Translated from Spanish by Kiva volunteer Ginny Kalish

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Loan details