A loan of $6,725 helped a member to buy a curling iron, a hair straightener, dye, and nail polish.


Esperanza Y Futuro (Calceta) Group's story

The Banco Comunal Esperanza y Futuro [Hope and Future Communal Bank] group meets every fifteen days in the beautiful city of Calceta, known by the name “Calceta, a city without equal” due to the beauty of its women and because, for those who live there, there is no city more beautiful in the entire world.

This is a group of people who, some time ago, decided to meet and form this communal bank that has served them well to improve their small businesses. The members work in a variety of jobs such as retail, the service industry, and the sale of meals, among others.

One of the group members is Erika, who is 23 years old. Since the age of 12 she has been in a common-law relationship with a man. Together they have four children, ages 10, 9, 6, and 5, all of whom are school students. Her husband is a shopkeeper.

Some time ago, Erika learned cosmetology in a local academy. With those skills she began to work giving haircuts and dyes, using a special technique. Because of this, she has many clients who seek her out in her home or who call her in to their homes to work. Thanks to the loans, she has been able to buy various tools that she needs to offer improved service, and thus has managed to improve her clientele for the good of her family.

This loan is to buy a curling iron, straightening iron, nail polish, and hair dye--useful tools for her business. She has been part of the Communal Bank since its beginning and she likes it because of the help it provides. Her dream is to own a great beauty salon.

The small photo is of three bank members who could not be present when they took the group photo.

In this group: Emelia Isabel, Flor María, Ketty Monserrate, María Fernanda, Carmen Leonor, Johnnya Esperanza, Leyda Vanessa, Francisco Fernando, María Jesus*, Paulina Beatriz, Enma Germania, Erika Lisseth, Jairo Roberto, María José
*not pictured

Translated from Spanish by Kiva volunteer Patricia Patton


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