A loan of $3,275 helped a member to buy supplies like flour, yeast, and shortening.

Nuevo Amanecer Group's story

The communal bank NUEVO AMANECER (New Dawn) comprises nine members, seven women and two men. Jean, 25, is president of the bank and has three children, ages 5, 3, and 7. She makes bread and has been a baker for five years. Her bakery is in Nuevo Amanecer, for which the group named itself. This will be the group's first loan cycle with the institution, and Jean will use the money to buy supplies like flour, yeast, and shortening to make bread. She needs the loan to buy wholesale supplies, since it is cheaper to buy in large quantities.

The challenges Jean faces in her business are attracting more customers and earning more income. She will use her earnings to offer her family a better life. Jean is happy and grateful to the institution for its support of her and all the members, as they work hard to provide for their families.

In this group: Hilda, Jaime Tomas, Katterine Danitz, Jean Carla, Graciela, Jorge, Katherine Wand, Encarnacion, Marcelina

Translated from Spanish by Kiva volunteer

Loan details

Lenders and lending teams

Loan details