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Jun 5, 2016 2:37 EST

Brazil: A portion of Agape Iv Group’s $2,325 loan helps a member to buy a conveyor belt

iCrowdNewswire - Jun 5, 2016

Agape Iv Group

 

 

Borrower image

 

 

Agape Iv Group’s story

The members of the Ágape IV group have been friends for eight years and work together. This is the first loan the group applies for at Banco do Povo Crédito Solidário BPCS. Jose, Marinalva, and Rozilda work together for a recycling cooperative.

Valdeci is the group’s leader. He is 50 years old, married, and the father of three children. He lives with his family in the Guaianazes community, in São Paulo. He is a sincere, honest, and hardworking man.

Valdeci picks recyclable materials. As the family’s head, he sustains it through his work. His activity is special because it is his source of income, and he can contribute to cleaning the environment, and help other families.

Valdeci needs the loan to buy a conveyor belt for the cooperative where they work. With this equipment, it will be possible to sort the materials that will be recycled.

In the future, he plans to hire more people, because besides contributing to the protection of the environment, this represents a source of income for many families.

The members of the group feel happy with Kiva’s support, and want to thank them for this opportunity.

In this group: Jose , Marinalva , Rozilda , Valdeci
*not pictured

 

 

 
Translator profile picture

Translated from Portuguese by Kiva volunteer Santiago Mejía Dugand View original language description

 

This loan is special because:

This is one of few affordable credit options for low-income borrowers in São Paulo, Brazil.
 

 

Kate
Kiva staff

 

 

A portion of Agape Iv Group’s $2,325 loan helps a member to buy a conveyor belt.

 

 

 

Contact Information:

Agape Iv Group

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