A loan of $3,925 helped a member buy a freezer.

Retamas Group's story

The Retamas Communal Bank is composed of 9 members, 6 women and 3 men. The president of the bank is Josefina who is 45 years old and has 2 children. She sells meat in her butcher ship, located in the zone of Tembladerani.

This loan will be her 1st within the institution. Josefina will use the loan to buy a large freezer for conserving her products in good condition. Her reason for soliciting the loan is that she needs the freezer to sell meat.

Josefina confronts challenges in her business, including competition, since there are various butcher shops in the zone. But she has a lot of clientele due to the friendliness with which she treats her customers. Josefina will use future benefits to purchase more meat at wholesale. Her goal is to have a stable and profitable business and in this manner, to increase her economic income.

In this group: Josefina, Safir Alejandra, Edgar, Juana, Florentino, Maria, Yolanda, Sonia, Victor Hugo

Translator profile picture

Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD

Loan details

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Loan details