A loan of $525 helped a member to buy propane gas tanks to sell.

Dúo El Carmen Group's story

Communal bank Duo el Carmen

Florinda is the single mother of a four-year-old daughter. Two years ago, she started a business selling propane gas tanks. She lives in Villa Nueva in Guatemala department. She is applying for a loan to invest in her business since she is the only one selling gas in her town. She can afford to buy just ten tanks when the distributor visits twice a week. She wants to buy 15 to 20 more because she only makes 25 percent. If she has more merchandise, her earnings will be greater.

Florinda dreams of having a house made of cement blocks, rather then the one made of wood where she lives now. She hopes that the lenders will fund her loan.

In this group: Heidy Lizeth, Florinda
*not pictured

Translated from Spanish by Kiva volunteer

Loan details

Lenders and lending teams

Loan details