A loan of $4,475 helped a member operational capital.

San Miguel Group's story

The "San Miguel" group is represented by Señora Karen and consists of 15 members, the majority of which dedicate themselves to commercial activities, selling clothes, shoes, cosmetics via catalogues, sausages and groceries in neighbourhood stalls. Others are in dental services, bread-making and the installation gas systems.

The members know that there is great competition in the market, especially in the commercial area where prices vary according to consumer demand and where one must have a product that is needed and at a low price so that it can be considered competitive. For this reason, the members have determined the destiny of the funds raised from Fundacion Agrocapital will be to purchase better materials and components in order to have competitive, good quality products so that they may increase their revenue and better their families’ quality of life.

For the majority of this group, working within sympathetic groups is a new experience, but each is conscious of the responsibility and the hard work that needs to be done in order to fulfill their obligations, especially to the group.

In this group: Karen, Maria Daniela, Martha Liliana, Lizeth Andrea, Maria Antonieta, Patricia Fabiola, Fatima Lourdes, Adriana Paula, Martha Maria, Fernando Javier, Severino, Viviana, Reina*, Roberto, Lithzy, Neiva Janely

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Translated from Spanish by Kiva volunteer Ines Teles

Loan details

Lenders and lending teams

Loan details