A loan of $7,025 helped a member to buy shoes and clothing to sell.

Banco De Piedra Group's story

Patricia belongs to the Banco de Piedra group. She is 37 years old and is married to Mario. They have been together for 15 years and they have three children who attend school. She sells clothing and shoes by catalog, a business she has had for six months. Previously, she sold cosmetics and says that business was going well but customers asked for other products, like clothes and shoes, so she decided to change products. This time, she is requesting to buy more shoes. Paty, as her friends call her, comments that she likes to socialize with people. Every afternoon, she goes to sell from house-to-house. She says she already has good customers because they come to her house asking for products. Her only difficulty is when her clients are behind in their payments but they end up paying eventually. Paty's goal is to be an entrepreneur with the Avon company, a huge network of people that have achieved more profits and a higher quality of life.

The members of the group are Teresa, who sells cosmetics; Laura, Francisca, Basilia, and Rosa who will buy lambs; and Maria Albertha who will invest in her grocery store. The group "Banco de Piedra" [Stone Quarry] consists of 7 people located in a pleasant community in which people usually are dedicated to growing corn. The name of the group was chosen because they live in a community where there is a stone quarry which they use for constructing their homes.

In this group: Laura, Francisca, Basilia, Maria Alberta, Rosa , Teresa, Patricia

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Translated from Spanish by Kiva volunteer Megan Hinrichsen

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