A loan of $3,350 helped a member to buy supplies wholesale.

Danas Del Sur Group's story

The communal bank DANAS DEL SUR is made up of eight members: seven women and one man, who all work different jobs.

The president of the bank is Ruthy, who is 34 and married with one seven year old son. In the photo Ruthy is the one with the brown satchel in the purple blouse. She sells empanadas (a kind of pastry) in the mornings at a market near her house, and sells dinner in the evenings. Her husband also helps with the finances by working in his own carpentry shop.

This loan is Ruthy's first cycle within the institution. She is going to use the loan to buy supplies wholesale, and as such increase her working capital. Ruthy faces challenges in her business which include the lack of capital to increase her sales, since she sees the market is growing. She will use the funds to continue improving her business, and her wish for her business is to increase food sales since it is going well and her clientele is growing.

In this group: Fortunato, Yoanna Julieta, Liseth Vanessa, Daniela, Martha , Ruthy, Betty, Margoth

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Translated from Spanish by Kiva volunteer Claire Carlson

Loan details

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Loan details