A loan of $1,450 helped a member to buy rice, beans, bread, milk, salt, matches, cigarettes, juices, and sodas.

Venceremos Group's story

The Communal Bank “Venceremos” (We Will Overcome) consists of eight members. Seven of the members are single mothers who are responsible for 14 children among them. There is one male member. All of them are responsible and hardworking individuals. The members are originally from the town of Malpaisillo, a place that is located in the northern part of the country. These individuals decided to join together so that they could support one another with their various business activites.

Francis María is the Communal Bank coordinator who is in charge of overseeing the group’s responsibilities. Her business is a small convenience store that is located in her home. She sells everyday food products such as rice, beans, bread, milk, and salt. In addition, Francis sells boxes of matches, cigarettes, juices, and sodas. The goal of her loan is to invest in operating capital for her business of buying and selling food products. In the not-so-distant future, she would like to increase her earnings.

The Communal Bank “Venceremos” is grateful for the assistance that Kiva lenders provide to people with limited resources so that they can have the means to earn a decent living.

In this group: Juana Eliett, Josefa, Francis Maria, Agueda Felipa, Benita, Maria Cristina, Justo Reymundo, Melania Del Socorro

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Translated from Spanish by Kiva volunteer Ronan Reodica

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