A loan of $2,550 helped a member different loan amounts to purchase various merchandise and supplies.


Villa Esmeralda Group's story

The members of the Esmeralda Village Bank are from distinct locations, some of them are families, others neighbors, or friends. The members formed a new Community Bank that they recently initiated, with 15 members in all. The members have different businesses such as food sales, general stores, shoes, clothes, sweets, and CDs. Their business are in their homes, markets, and some of them travel or sell door-to-door. The members need different loan amounts like $150 dollars, $300 dollars, and $450 up to a total of $2550 in the Community Bank.



Their loans will be invested in the purchase of sugar, rice, meat, vegetables, coats, jackets, shirts, shoes, snacks, and CDs. The members mention that with the loan they each obtain they will invest in their respective businesses and with the loans improve their businesses by supplying them with more products. The dreams of the members are to expand their businesses, have their own capital, own homes, and proviD. better educations for their children.

In this group: Teresa, Sonia, Aurea, Marisol, Naydither, Balti Angel, Celia, Yulisa, Monica, Sulma, Andrea, Irma, Macedonio, Rocio Del Carmen, Maribel

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Translated from Spanish by Kiva volunteer Laura Gilchrest



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