A loan of $3,250 helped a member operating capital.

Copacabana Group's story

This group is called "Copacabana” and is represented by Graciela. Two of the group's members are related: Cristina and José Miguel are cousins, but their incomes are independent of one another. The members of the community bank have a variety of businesses such as selling fruit, selling groceries, promoting different brands of cosmetics and selling clothing as street vendors. As with all business, there is competition in the market but the members' experience allows them to continue making a daily income to sustain their families. This loan will be used to increase the stock of goods for their businesses and to buy materials and ingredients to improve their revenue and give their families a better quality of life. Most of the members have previously worked with foundations or other financial institutions like Fundación Agrocapital and so they are familiar with group loans.

In this group: Graciela, Judith, Mary Luz, Jose Miguel, Reina, Sandra, Silviana, Maria Cristina, Carmela, Josseth Vanessa, Maribel, Maria Antonieta

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Translated from Spanish by Kiva volunteer L K

Loan details

Lenders and lending teams

Loan details