A loan of $4,925 helped a member to buy ingredients such as flour, yeast and lard..


Añoranza Group's story

The AÑORANZA communal bank is made up of nine members, eight women and one man. The president of the bank is Julia. She is 28 years old. She has two children, aged 10 and 8. She makes and sells bread and has been a bread baker for more than 8 years. Her bakery is located in the community of Zanja Honda. This loan is her second cycle in the institution. She used the previous loan for her business. Julia will use this loan to buy ingredients such as flour, yeast and lard to make the bread. Her reason for asking for this loan is to buy the ingredients wholesale, since it is cheaper to buy in large quantities. Julia faces challenges in her business, such as getting more customers and in this way generating more income. She is going to use the profits to offer a better quality of life for her family. Julia feels happy and grateful with the institution for the support it has offered to her and to all of the other members of the group, because they are people who work very hard to get their families ahead.

In this group: Martha, Ingrid, Julia, Martha, Carlos, Maria, Veronica, Modesta, Beatriz
*not pictured

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Translated from Spanish by Kiva volunteer Ellen Donohue



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