A loan of $4,275 helped a member working capital.

El Carmen Group's story

The member of "El Carmen" are represented by Blanca. This is a very diverse group in which a number of the members are related: there is kinship between the R. M. and Egüez J. families, but both families have independent sources of income. The members live in different areas but they conduct their business close to their group meeting home and they are guarantors for one another. The women of the group have a variety of businesses such as selling cosmetics, selling food, owning a grocery store; the men are rural public transportation drivers. The group members are aware of the unfair competition that exists in the market as well as the wide range of prices, but they are experienced at handling merchandise and in sales and are not concerned about the competition. The loan is intended to increase their goods and work materials. This is the members' second group loan: they have experience working cohesively together as they have shown with their responsibility and their honesty.

In this group: Blanca, Renalia, Wilma, Nery Patricia, Viviana Cecilia, Ingrid Pamela, Mariela, Maria Del Carmen, Jorge Alfonso*, Beatriz, Marco Antonio, Jorge Luis, Fatima Ximena, Roxmeri Keni, Katherine
*not pictured

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Translated from Spanish by Kiva volunteer L K

Loan details

Lenders and lending teams

Loan details