Funded

Total loan: $4,500
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33- Los Amigos Mas 1 Group


A loan of $4,500 helped a member to buy bed comforters at wholesale.


33- Los Amigos Mas 1 Group's story

The communal bank 33- LOS AMIGOS MAS 1 is made up of eight members, five women and three men. The president of the bank is Zulema, who has a young child. She sells seasonal orders on credit, according to what she believes will sell and at times by customer order as she visits various markets in the area offering her products. This loan is her first of a sequence within the institution. Zulema is going to use the loan to buy merchandise such as comforters and blankets to stock a variety of products. Her reason for asking for a loan is because she doesn't have the savings right now. Zulema has challenges in her business as the cold season is rather strong in the area where she lives and she has to go offer the merchandise and this is a slight disadvantage, but nonetheless she leaves during the early morning hours and is going to use the funds to buy comforters, blankets, and articles that will provide warmth for the season in which we find ourselves.

In this group: Zulema Aidee, Jose Luis, Juan, Elizabeth Janet, Kelly Betty, Helen, Abel, Ricarda
*not pictured

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Translated from Spanish by Kiva volunteer Cindy Kendall



Loan details

Loan length:

10 months
Repayment schedule: Irregularly
Disbursed date: June 26, 2013

Lenders and lending teams



Loan details

Loan length:

10 months
Repayment schedule: Irregularly
Disbursed date: June 26, 2013