A loan helped a member operational capital.


Crecer Group's story

The group "Crecer" ("To Grow") is represented by Rossy and is composed of 15 members who, in their first cycle in the institution, have demonstrated honesty, responsibility, and punctuality with their payments. The majority of the group members sell food of all natures, such as hamburgers, typical plates, and chicken chicharrón; the rest of the group (the minority) sell clothes and proviD. vehicle repair and public transportation services.

In the group, the president (Rossy) and Luisa both sell clothing (one has 2 years of experience, the other has 36 years of experience). Adelia, Aracely, Ana Maria, Sonia, Mercedes Maria, Sonia, Sarah, Maria Jesus and Maria sell different types of food in a variety of locations. The women have an average of 7 years of experience in this line of work. Finally, Fernando is an auto body mechanic with 5 years of experience, while Brigida has been a domestic worker for 5 years and Sandiver has been working as a promoter for the past 4 years. The most experienced group member is Don Wilson, who has been working as a driver for 84 years.

Within the commercial scope the competition is high, but with their enthusiasm and experience, the members know how to stay afloat to improve their earnings and increase their working capital. The use of this loan is to increase the merchandise for the members who sell clothing and cosmetics, and for the rest of the group to acquire raw materials such as vegetables, meat, and other ingredients to make their food; the male members will use their credit to buy tools and repair their vehicles. In regards to credit experience, the members have already worked with the institution, demonstrating the capacity for management of their funds and the desire to move their families ahead with effort and work.

In this group: Rossy, Adelia, Aracely, Carlos Fernando, Ana Maria, Sonia, Sandiver, Maria Jesus, Wilson, Mercedes, Maria, Brigida, Luisa, Sarah, Teresa Eugenia

Translated from Spanish by Kiva volunteer anonymized.


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