Sagrado Corazon Group

Thank you for your loan. It has been disbursed to the Sagrado Corazon group, consisting of Julia Benita Choque De Luque, Elizabeth Valeriano Calle, Julia Titirico Tallacagua, Antonia Mercedes Gutierrez Mamani, Juana Mamani Solares, Lourdes Cordova Quispe, Catalina Triguero Ajata, Santa Nery Ayala Quilca, Lidia Condori Quispe, Duglas Achumire Plata, Marco Antonio Flores Orihuela, Panfila Quispe Collque, Edson Cordova Quispe by Fundación Agrocapital, a partner of ACDI/VOCA in Bolivia. We are excited to watch this business grow. Over the next 5 months, Fundación Agrocapital, a partner of ACDI/VOCA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Sagrado Corazon was a kind group that shook me warmly by the hand when I entered and was happy to hear about the Kiva lenders that were funding their loan.

Catalina has been selling beef, llama meat, sheep meat, and cheese to stands and stores in La Paz for fifteen years. She travels to her village, which is three hours away from La Paz, once or twice a week to pick up the meat, and travels store to store in La Paz selling her wares. With her loan, Catalina was able to buy more beef, which is thirty times more expensive than sheep meat, and make a much higher profit. With the increased income, her family was able to buy more food and a few things for her home. When asked what her goals for the future were, Catalina replied, “To keep working as long as I am able to.”

Juana has been selling candies, cookies, and soft drinks at a stand for fifteen years. After using her loan to buy more snacks to sell, her business has grown a bit. In addition, Juana works at a cell phone store in the mornings. She has two sons who are twelve and eight years old, and it has become easier to pay for their needs. In addition, the family has been able to use the profits to take a few trips to a neighboring town named Mallasa. In the future, Juana would love to take out an individual loan with AgroCapital so that she does not need to rely on others in the group, and then to open up her own store.

Nery sells fruits, toast, and other food items at the stand that she opened up twenty-five years ago. She is grateful for her loan that allowed her to buy more products for her stands. She was attracted to AgroCapital by its relatively low interest rates (thirty percent, which is much lower than what one would find elsewhere) and its forced savings program which gets rid of her temptation to spend all of her earnings.

Virginia sells groceries in a small store, used her loan to buy a greater variety of products for her store, which has grown her business and brought in her greater profits.

Virginia has invested most of her profits back into her store to grow it further. She has one daughter who is ten years old, and occasionally helps her out. Virginia’s dream is to someday open up another store in another part of town that sells prepared meals.

If this entrepreneur interested you, consider lending to more AgroCapital clients here.