A loan of $4,025 helped a member raise capital.


Arco Iris Group's story

The Rainbow Venture Bank was established this year thanks to the concern of the founders, who are family and have the business in common.

Electo S.- President of the community bank. He was born in the province of VallegranD. in the Santa Cruz region. Currently, he lives in El Torno zone with his son and wife in his small home that he bought with the fruits of his labor. They have operated a bread shop for the past 20 years.

Sabina Farrel- Treasurer of the community bank. She lives in the El Torno zone, has four children, and has her own house. She makes a living by selling cosmetics, a business that she realizes by traveling to people's homes in the same way as her colleagues. Her husband works as a driver. He dream is for both of them to have their own cars.

In this group: Electo, Sabina , Marlene, Pedro, Gilberto, Paola Andrea , Pablo , Yovana, Aurora , Wilfredo, Mirtha, Juana, Elsa
*not pictured

Translated from Spanish by Kiva volunteer Brittany Thatcher



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Loan details