In order to understand how SINERGIA works, let’s consider Bertha Paredos:

Bertha Paredos is a cake maker. Peruvians love to celebrate birthdays, and despite their humble surroundings, the Peruvians in Bertha’s neighborhood are no exception. A cake maker can earn a living through this but only conditionally.


Bertha’s neighbors are extremely poor and cannot afford to buy an entire cake in one payment; so, they pay about $2 every week for 5 weeks. This means that Bertha needs to have sufficient capital to buy all the ingredients for a cake before she can promise the product to anyone. Bertha did not have enough money to buy the ingredients for more than 1 or 2 cakes a month so she sought a loan.

The formal banks would not extend Bertha a loan because her loan request was too small and she did not possess valuable collateral, so Bertha approached SINGERGIA for a loan.

SINERGIA asked Bertha to form a group of five women that she trusted, each with distinct businesses. All the group members entered into an agreement to make a payment for another group member if someone was unable to pay.

With a loan from SINERGIA Bertha now sells 10-12 cakes a month, with prospects to sell even more!

To learn more about SINERGIA’s solidarity group lending, focus on women, and programming methodologies download the following file:

Sinergia Methodology

(HT: Jon Talley via Facebook)