A loan of $4,125 helped a member to purchase merchandise such as refreshments, sweets and cookies in quantity.


31-Santiaguito Group's story

The Enterprising Bank, 31-SANTIAGUITO, is made up of eight members; six women and two men. The president of the bank is Elizabeth who is 40 years old and married with a four-year-old son. She sells refreshments and a variety of sweets and cookies in her stall which is located near a school in the area she lives. This is her first loan with the institution. Elizabeth will use this loan to purchase merchandise such as refreshments, sweets and cookies in quantity and thus increase her working capital. The reason she is requesting this loan is the lack of working capital. Elizabeth is going to use the profits to continue buying drinks and merchandise to continue supplying her business. Elizabeth's wish is to grow her business; having a stocked stall and also to be able to sell food. Elizabeth is a hardworking person. She is happy and grateful to the institution for its support in providing her with this loan.

In this group: Andrea , Elizabeth Cristina, Zulma Zulma, Praxides, Norka Jhiovana, Juan Pablo, Esmeralda, Wilgen Nionel
*not pictured

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Translated from Spanish by Kiva volunteer Diana Lima



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Loan details