A loan of $4,725 helped a member to purchase wholesale clothing such as sweaters and jackets.

Quebrada Seca Group's story

The community bank “Veloz del norte” (speed of the north) is comprised of 9 members who are all women and work in distinct activities. The president of the bank is Iradia. She is 44-years-old, she is married with 4 children who are of school age. She works in the sale of clothing depending on the season. Her store is located in Quebrada Seca (Dry Revine) from which the name of the group is derived.

This will be her second loan through the group. Iradia will use the loan to purchase wholesale clothing such as sweaters and jackets to supply her business. The reason she is requesting the loan is because she lacks capital. On a daily basis, Iradia confronts competitive challenges to her business. She will use the loan and continue to improve her store. Her dream for her business is to have a variety of supplies to offer her clients. Iradia is happy and grateful to the institution for the help provided that will allow her to improver her business.

In this group: Adela, Beatriz Daniel, Maria, Raquel, Iraida, Consuelo, Amanda, Helen, Anabel

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Translated from Spanish by Kiva volunteer Alana Abbitt-McGregor

Loan details

Lenders and lending teams

Loan details