A loan of $1,675 helped a member to buy underwear.

Los Tres Amigos Group's story

Don Román is a member of the Los Tres Amigos ("the three friends") solidarity group. He is 61, married, and has six children. His wife does the housework. Theirs is a responsible and hard-working family. He learned his business at a young age working in a clothing store. After some time, he decided to open his own underwear store. He began acquiring experience and also started to sell bundles of used clothing, wholesale and retail. He now sells underwear and bundles of clothing. He has had this business for 40 years. He works with his daughter; she runs the business while he goes out to distribute stock to the stores. The store opens at 7:00 am and closes at 5:00 pm. The only disadvantage is having to pay the rent on his storefront.
This loan will allow him to draw in more customers and to keep having a business to cover his costs. His dream is to have his own storefront and to stock his business well. This is his third loan from FAMA, and he has payed off his quotas punctually so far.

In this group: Roman, Samuel Edgardo, Francisco Orlando

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Translated from Spanish by Kiva volunteer Christine Cooper

Loan details

Lenders and lending teams

Loan details