A loan of $2,550 helped a member operating Capital.


Yungueñitas Group's story

The group "Yungueñita" is represented by Ms Mercedes Angélica. All of the members live in the same neighborhood and work as vendors of sweets, clothing, pastries, groceries, shoes and cellular phones. Competition is very strong in this business sector, especially with the sale of clothing imported from China, Columbia and Brazil, which highly affects national production. The loan money is intended for the growth of capital so as to increase merchandise and allow for the growth of income. The members have experience in solidarity work with other similar institutions, like Fundación Agrocapital, who manage and administer donated resources. They believe their experience has given them the responsibility required to meet payment deadlines.

In this group: Mercedes Angelica, Maribel, Bilma, Natividad, Lucy*, Maria Eugenia, Ines, Betsy, Gumercinda, Juan*, Yeny Brigid, Martha
*not pictured

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Translated from Spanish by Kiva volunteer Marco Alves


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Loan details