A loan of $5,125 helped a member to buy fruits and vegetables to sell, and also ingredients to make food to sell.


Perpetuo Socorro Group's story

"Perpetua Socorro" is the name of this communal bank, which was formed in the city of Ita. All of the members are taking the poverty elimination survey, so that each one's situation will be understood, and the group can join forces.

One of the members is Albina, who has a business selling fruit. She comments that through her work, she helps and contributes to the household and provides for her family's daily needs.

Having completed business plan training pertaining to food sales, Albina is also going to start up a business selling food. Albina is requesting a loan to buy fruits and vegetables, and also to buy supplies for her food sales business. This will help her to carry out her business plan, which will enable her to increase her income.

In the photo 23 women appear, because this group has this many members. In this loan cycle some of them will not be participating in the loan, but will co-sign anyway.

In this group: Maria, Valentina, Salustiana, Albina, Justina, Alejandra, Clementina, Jacinta, Clementina, Herma, Maria, Asunción, Tomasa, Maria, Nilda, Concepción, Fidelina, Norma, Lilian, Ramona, Diana, Carmen

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Translated from Spanish by Kiva volunteer Lisa Grobar



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