A loan of $6,025 helped a member to buy educational games, clothing and Avon products.

Mini Bankito (Jipijapa) Group's story

The loan group Mini Bankito consists of seven women and two men who decided some time ago to join together and form this loan group, which serves them to advance in their businesses. They meet every two weeks in the Jipijapa canton, a canton known by the name "the sultan of coffee" because of the extensive plantings of coffee, which has an incomparable flavor, as well as for its gastronomy and for the warmth of its people.

One of the members of this group is Señora Teresa. She is 43 years old. She is married, and from this relationship she has two children, ages 14 and 11, who are in secondary and primary school. Her husband is a civil engineer.

Doña Teresa is a teacher, and she has a private kindergarten in which, with the help of four people to whom she pays a monthly salary, she gives the best education to the children. She also sells clothing of all types and Avon products (beauty products, cosmetics, perfumes, and women's accessories), an activity that she does door to door and in the kindergarten. She also sells uniforms to her students and certain supplies and materials that they use every day. She has had the kindergarten for more than nine years, and with it she is getting ahead and helping other colleagues in an activity that she loves, which is educating her little children.

She is going to use this loan to buy educational games as well as clothing and Avon products. She is a founder of the loan group, and she likes it because the loans help her a lot. Her dream is to continue offering the best education to her little ones.

The little photo is of a member who was not able to be present when the group photo was taken.

In this group: Teresa Del Jesús, María Fernanda, María Eugenia, María Gardeñia, Erika María, Alejandro Antonio, Indira Tamara, Madeline Estefania, Edison Bolivar

Translated from Spanish by Kiva volunteer Pam McMurry

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