A loan of $3,450 helped a member to buy chickens and turkeys, as well as chlorine.


Granada Group's story

The communal bank “La Granada” comprises several women and one man from the small, peaceful town of Dolores Hidalgo. The members are united and have been responsible in their dealings with the institution. Though one of the members, María Altagracia, is 80, she works very hard. She is a widow and the mother of 12 grown children. For 60 years, she has been raising chickens and turkeys, a trade she learned from her mother. She makes traditional skirts, which are part of her community's culture, and she sells detergent.

Altagracia travels to the city to buy merchandise to sell in her town, but she prepares the detergent herself with the chlorine she buys. She has applied for a loan to buy chlorine, which she will use to make detergent. Neighbors come to Altagracia's house to buy both chlorine and detergent. She says she used to sell linens in other towns, but, at her age, it's hard to travel. She says she doesn't face any particular problems in her businesses. She does her work enthusiastically to keep her long-time customers and to have some income to pay her household expenses. She lives alone.

Altagracia's single dream is to keep working and keep the businesses she enjoys going. She is very grateful to Kiva and Vision Fund for the funding that has helped the members, Eulalia, Blanca Estela, María Severiana, Isidro, and Yolanda, grow their businesses. They will use this loan to raise animals such as chickens, turkeys, and pigs. Ofelia has a small grocery store.

In this group: Maria Altagracia, Eulalia, Maria Severania, Ofelia, Isidro, Yolanda, Blanca Estela

Translated from Spanish by Kiva volunteer


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