A loan of $3,425 helped a member to buy wood.


33-Villa Olmos Group's story

33-Villa Olmos Communal Bank is made up of eight members, six women and two men who earn their livings in a variety of jobs. This bank was restructured and few members remained, including Marcelino. He continues as the president of the bank because he's a responsible person. He works in the same job, making furniture in his shop. He says that the previous loan went well for him because he used it to buy work materials.

Now he's requesting a loan to buy wood to make furniture.

Marcelino's happy, and he's grateful for this new opportunity from the loan because he's growing in his business.

In this group: Manuel Jorge, Sofia, Flores Eufronia, Emiliana, Ivon, Nancy, Sandra Giovana, Marcelino

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Translated from Spanish by Kiva volunteer Catharine Wall



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