A loan of $3,125 helped a member working capital.

Nueva Jerusalen Group's story

The "Nueva Jerusalén" group is represented by Elvira and made up of 14 members, of which Elvira and Maria Luisa are sisters but have different sources of income. Generally, the members sell products such as beer, cosmetics, clothing, jewelry, hamburgers, bread and offer cleaning and laundry services. As with all businesses, there is always competition for their business but thanks to the years of experience of the members, they know how to keep their businesses going. The loan will be used to buy ingredients and materials to improve the quality of their goods and face the competition as well as to improve their income in order to give their families a better quality of life. In general, most of the members of the group have already had experience working with groups in financial institutions similar to Fundación Agrocapital and so are aware of their responsibilities and obligations.

In this group: Elvira, Isabel, Petronilda, Heidy, Maria Luisa, Delicia, Ana Maria, Bernarda, Raquel, Irma Amparo, Marcela, Cintia, Nesly, Patricia

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Translated from Spanish by Kiva volunteer L K

Loan details

Lenders and lending teams

Loan details