A loan of $4,250 helped a member to buy clothing.

Arcoiris 2 Group's story

Arcoiris 2 Communal Bank is made up of eight members, six women and two men. The president of the bank is Joselin, 21. She makes a living selling cosmetics via catalogue. She sells her products on foot, visiting homes and public and private offices in the city of Santa Cruz.

This loan Joselin's first sequence with the institution. She's going to use the loan to buy cosmetics and jewelry wholesale that are on sale. This way she'll be able to offer a variety of products to her customers and increase her profits. She's requesting this loan to continue improving in her business. Joselin's going to use the profits to continue buying a variety of beauty products.

Joselin's a very hardworking young person. She's happy about this opportunity being offered her and her group members because in some cases they support their families alone.

In this group: Soledad , Ana Isabel , Joselin Andrea, Roxana, Reina, Alex Denitry, Uhaldo, Tania

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Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

Lenders and lending teams

Loan details