A loan of $3,375 helped a member capital for Businesses.

Santa Teresa Group's story

The members of the communal bank "Santa Teresa" are members that all know each other. Two of the members are related and are from the G. family. This group is represented by Mrs. Maria Ruth and is composed of 15 people who are all entrepreneurs that have different types of businesses. Their businesses include selling cosmetics, running small grocery stores, selling clothing, and one of the male members works in transportation and another works as an electrician. In terms of competition, they all are aware of it but they all are confident in their abilities to make a living and to be responsible about repaying their loan. They all want to use the loans to improve their businesses and the quality of their products. The loan that they are asking for will be used to purchase merchandise, buy materials and tools so that they can increase their income. In terms of the experience of all of the group members, it can be said that the majority of the members have worked with the "agrocapital" foundation and they know about the responsibility that they have to meet the obligations they have by being a member of that institution.

(Translated by Mariela of San Roque High School)

In this group: Maria Ruth, Lilia, Erika Margot, Ruben Dario, Ana Cristina, Maria, Favio Justo, Juanita Sandra, Jenny, Patricia, Karina, Victoria, Edwin, Alma Fabiola, Marianela
*not pictured

Translated from Spanish by Kiva volunteer Kendra Gaete

Loan details

Lenders and lending teams

Loan details