A loan of $2,325 helped a member to buy sheep and feed.


La Loma Ahorros (Flat) Group's story

The group “La Loma Ahorros” (The Savings Knoll) is located in a very small community and has this name because the group meets in an area that has a hill where they can appreciate the pretty countryside. The group is made up of three women and three men who are very good at running their businesses. Margarita, who is the group representative, is 31 years old and has been married to Juan for six years. Together they have three children, two of whom are currently in school. Mago, as she is known by her friends, works raising and fattening sheep, which she has done for six years. She started her business of her own initiative because she wanted to help her husband with their household expenses and their children's education. She is asking for a loan to buy two sheep and sufficient grass to feed her ten other sheep. Since the beginning of her business she has not had any difficulties, except for when the sheep get sick. But when this happens she immediately takes them to the veterinarian and they recover easily. Mago says "my goal is to finish building my house so that my children can have a dignified home, but I would also love for them to have successful careers and stable lives without economic struggles." For this reason Mago works raising sheep to add one more income to the family. Group members René and Roberto will invest their loans in their grocery stores. Carmen will buy a sheep to raise and sell. Noemí will buy calves to rasie and sell. Finally, Fidel will by plants to sell. The group has taken out many loans with the institution that have enabled them to be successful in their businesses and above all give the necessary to their families.

In this group: Margarita , Roberto , Fidel , María Del Carmen , Noemí , René
*not pictured

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Translated from Spanish by Kiva volunteer Betsy McCormick


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