A loan helped a member to buy perfumes and colognes wholesale.

Villa Alegre Group's story

The communal bank Villa Alegre is composed of eight members: seven women and one man. The president of the bank is Mary, the middle one in the photo with white pants. She is 31 years old and has three children, ages 9, 13 and 6 years. She makes her living selling perfumes and colognes and cosmetics by catalog. She sells beauty products door to door, visiting public and private institutions, various neighborhoods and homes, offering her products.

This is her first loan with the institution. Mary is going to use this loan to buy wholesale perfumes and colognes that are on sale to have them in stock for her business. Her reason for applying for this loan is to have a variety of products to satisfy her customers. Mary faces challenges in her business, which are to attend to her customers efficiently, and she is going to use the benefits to improve her family's quality of life, since this is the only business that allows her to support herself and get ahead on her own.

Mary is happy and grateful to the institution for the support provided to her and her fellow group members, who in many cases, also move their families forward, just like her.

In this group: Mary Yenny, Uvaldina, Laura, Gladis, Elena, Ana Gabriela, Maria Magdalena, David Moises

Translated from Spanish by Kiva volunteer anonymized.

Loan details

Lenders and lending teams

Loan details