Tata Santiago Group

The majority of them are dedicated mainly to the sale of fruits and vegetables on different streets in the city of El Alto. Now that winter has arrived, these types of products tend to raise in price because of the frosts in the fields. This is why they need to strengthen their capital to acquire these products, which they do every two weeks. They also hope to be able to rent or buy stands in the city's markets to assure the sale and conversvation of their products. In this way, they can obtain larger profits, and with these, finish their studies and help their families have a better way of life.

Translated from Spanish by Tanya Harper, Kiva volunteer

La mayoría de ellas se dedican principalmente a la venta de fruta y verdura en distintos calles de la ciudad del Alto. ahora que el invierno llego, este tipo de productos tiende a subir de precio por las heladas en las plantaciones, Es por eso que necesitan reforzar su capital para la adquisición de estos productos, que lo realizan quincenalmente, además desean poder alquilar o comprar puestos en mercados o tambos de esta ciudad para asegurar las ventas y la conservación de sus productos De esta manera obtener mayores ganancias y con esto poder culminar sus estudios y apoyar a que sus familias tenga una mejor forma de vida


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