A loan of $6,125 helped a member to buy blenders and household products.

Asaf Group's story

The group "Asaf" is formed by a group of women who are very hardworking and responsible, and they live in a very calm, small place where the people grow corn. The members took the name of their group from the bible, and although they don't know exactly what it mean, they like it. It is an Evangelical name, and the members believe it is the name of a musician.

Doña Raquel is the representative of the group. She is 35 years old, married to her husband Ismael for 19 years, and together they have a family with three children, two of which are studying. Doña Raquel has sold blenders and household products for 15 years. She began her business because, as a child, her parents sold these products and then when she got married, her husband Ismael also sold the same products. It wasn't difficult for her to adapt to the work.

This time Doña Raquel is applying for the loan to buy more products such as tongs, spoons, glasses, blenders, etc. In regards to the loan, Doña Raquel said, "If they authorize this loan for me and my husband, it will be a great help to be able to invest in our business. The more products we have, the better our sales will be and we will be able to make the quality of life better for our children." The difficulty for Raquel is when sales fall drastically, and this typically happens in the month of February when they don't sell hardly anything. She would like to have a bigger shop where she can have more merchandise.

The other members of the group are Agustina, Emma, Norma, and Felisa who will all invest in household products, and Angelica who will invest in controls devices.

In this group: Raquel, Felisa, María Angélica, Agustina, Emma, Norma

Translated from Spanish by Kiva volunteer Carrie Straub

Loan details

Lenders and lending teams

Loan details