A loan of $4,750 helped a member to purchase wholesale perfume and cologne on promotion.

Perlas Del Sur Group's story

The “Perlas Del Sur” [Pearls of the South] Communal Bank is comprised of ten members, all women. Zaida is the bank’s president. She is 42 years old and has two children, ages 9 and 12. She is engaged in selling perfume, cologne, and cosmetics by catalog. She sells her beauty products door-to-door, visiting public and private establishments, and various homes in the neighborhood. This loan is her first sequence with the institution. Zaida will use the funds to purchase wholesale perfume and cologne on promotion in order to stock her business. Her reason for requesting this loan is to have a variety of products to satisfy customer demand. The challenge that she faces in her business is providing efficient customer service. She will use the benefits to improve the quality of life for her family as this is the only activity that permits her to support herself and succeed on her own. Zaida is happy and grateful to the institution for the support offered to her and her companions from the group because in many cases, like hers, they help the families get ahead.

In this group: Victoria, Ana Ruth, Carla Lorena, Yascara, Estela, Yenny, Claudia Yovanna, Ingrid, Zaida, Modesta

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz

Loan details

Lenders and lending teams

Loan details