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Mar 19, 2017 1:13 PM ET

Brazil: Tudo Vai Dar Certo Group: A loan of $6,175 helps a member to buy sweets, salgados and equipment.

iCrowdNewswire - Mar 19, 2017

Tudo Vai Dar Certo Group

Brazil
 
Santo André, Brazil / Grocery Store
 
Borrower image
 

A loan of $6,175 helps a member to buy sweets, salgados and equipment.

Tudo Vai Dar Certo Group’s story

The Tudo Vai Dá Certo group is taking out another loan from Banco do Povo Crédito Solidário (BPCS). The group is made up of seven women who live in the community of Santo André in São Paulo. Diva is a seamstress, Edna is a hairdresser and sells salgados, Maria do Socorro has a clothing store and sells cosmetics, Maria is a hairdresser, Suely is a manicurist and Valdecir is a masseuse.

Rosangela is the leader of the group and lives with her parents. She has run a small sweet shop for more than 11 years. Rosangela needs a loan to buy sweets, salgados and equipment. Her job helps to pay the bills and care for her parents.

The group gives thanks again to their lenders for trusting them and for the help that this loan will provide them.

In this group: Diva , Edna , Maria Do Socorro, Maria , Rosangela , Suely , Valdecir  

Show previous loan details

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Translated from Portuguese by Kiva volunteer Suzanne Grasso 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

More about this loan 

About Banco do Povo Crédito Solidario:

Banco do Povo is a microfinance organization operating out of São Paulo offering microfinance loans to populations with little or no access to financial services.

Banco do Povo offers 3 different loans through their microlending program, on both group and individual levels. Additionally, they seek to expand microfinance in Brazil by assisting communities and organizations interested in starting or growing microlending programs.

Contact Information:

Tudo Vai Dar Certo Group

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