Kantutas Group

In the neighborhood of Huayna Potosi located in the city of El Alto, there is a group called German Buch which belongs to the "Kantutas" association. There are eleven members in the group. The majority of the members live in the same neighborhood and are neighbors and family members. The members make a living by doing several different activities. For example Dionicia, who is the president of the group, sells furniture, and other members sell sweaters, videos, cosmetics, jewelry, clothing, material etc. Now with the coming of winter in the Southern Hemisphere they want to buy clothes that they can sell to keep people warm during the winter season. That is why they want the money to buy the clothes and accessories so they can sell them and they are sure that their sales and income will increase.

(Translated by Alexis of San Roque High School)

Translated from Spanish by San Roque School, Kiva Volunteer

En la zona Huayna Potosí de la ciudad de El Alto se encuentra ubicado el centro focal Germán Buch, a este pertenece la asociación “Kantutas” integrado por once miembros, la mayoría viven en la misma zona siendo así el grupo formado entre vecinos amigos y familia.
Son varias las actividades que realiza la asociación “Kantutas”, .por ejemplo Dionicia, que es la presidente del grupo se dedica a la venta de muebles,otras de las socias venden chompas, abrigos, vídeos,cosmeticos, bisutería, material escolar y otros. Ahora con la llegada del invierno, la adquisición de ropa especial para este clima aumento, por eso quieren comprar ropa y accesorios adecuados, están seguras que obtendrán mayores ventas y sus ganancias serán mejores.




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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