A loan of $3,275 helped a member to purchase merchandise (canned food, consumer products).

Sarantañani Group's story

The Sarantañani Communal Bank is comprised of eight members, all women. Sonia is the bank’s president. She is 27 years old, and married with two children, ages six and ten. She sells basic necessities in her neighborhood store located in the Alpacoma area. This is her first loan cycle with the institution. She is going to use the loan to stock her business with merchandise such as groceries, sweets, and soft drinks. She is requesting this loan because she has high demand and that is where sales increase, so she needs to stock her merchandise. Sonia faces the challenge of competition in her business as there are several stores in the area. She is going to use the funds to purchase more merchandise to stock her store and continue growing more each day. Her desire for her business is to continue making sales and to have a stocked shop. In this way, she will be able to grow her business, improve her income, and therefore, improve the quality of life for herself and her family. She feels grateful for the opportunity offered to her and her group partners

In this group: Clotilde, Sonia, Cristina, Rosario, Patricia, Rosa, Silvia, Silvia

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz

Loan details

Lenders and lending teams

Loan details