A loan of $4,250 helped a member to purchase merchandise to stock her general store.


El Progreso Group's story

The group, "El Progreso" (Progress), is presently in their sixth business cycle and is made up of eleven women who work extremely hard to support their families and give their loved ones a bright future. Rufina, one of the group members, also serves as treasurer of the group. In the most recent poverty elimination survey that Rufina took as part of the group program, her results indicated that she has worked hard and has leveraged support from group trainings to help improve her family's financial situation. Rufina makes a living operating a general store that sells all types of products, and she also cooks traditional food items for resale to help support her family. With the support from this loan, Rufina plans to purchase merchandise, specifically school and office supplies, to stock her store. She hopes that this investment will help her to improve the selection of products she offers her customers and will increase her overall profits and income.

In this group: Nancy, Rufina, Ignacia, Efigenia, Maria, Valeriana, Marta, Maria, Edith, Lidia*, Victoria*
*not pictured

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Translated from Spanish by Kiva volunteer Gillian Goodrich



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