Israel Group

In the city of El Alto is the focal center of Villa Tejada, a community bank to which the Israel association belongs. This group consists of 13 members who work with a lot of enthusiasm to improve their small businesses. The members are involved in diverse activities, such as selling groceries, making food, selling toys, footwear, sweaters and jewelery; one of the women has a shop of oils and lubricants. All the members attest to the desire to increase their sales, and to do this they need to strengthen their capital in order to purchase more supplies. They have the security that they will be able to generate better earnings for the wellbeing of their families.

Translated from Spanish by Marty Greenstein, Kiva Volunteer

En la ciudad de el Alto se encuentra ubicado el centro focal Villa Tejada, a este pertenece la asociación Israel, formada por trece miembros que trabajan con mucho entusiasmo por mejorar en sus pequeños negocios.
Diversas son las actividades que tienen dentro el grupo, por ejemplo: Venta de abarrotes, elaboración de comida, venta de juguetes, calzados, chompas, joyas, una de ellas tiene su tienda de lubricantes. Todos afirman que desean ampliar sus ventas, para esto necesitan reforzar su capital comprando mayor mercadería, tienen la seguridad que podrán generar mayores ganancias para el bien de sus familias.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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