A loan of $4,000 helped a member to buy lingerie to sell.


Virgen De Las Mercedes Group's story

This communal bank is called "Virgen de las Mercedes" and it is in its third loan cycle. While taking the poverty elimination survey, four of the members have been found to be below the poverty level, with a low income, so they must continue to work to improve.

One of the members is Cecilia who is at level one on the survey, meaning she is working harder. She sells lingerie for as living and is able to improve her family's economy this way. She says at first it was a little difficult, but through much effort and hard work one is able to get ahead.

She is requesting a loan to buy a variety of lingerie so she can have more stock to offer customers. She is grateful for this opportunity to improve her life and that of her family.

In this group: Cecilia, Graciela, Rosana, Fatima, Teresa, Liliana, Ramona, Catalina, Maxima, Gloria, Adriana, Diana, Maria, Fabiana, Sabina*, Nidia*, Jessica*
*not pictured

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Translated from Spanish by Kiva volunteer Sherry Bess



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