Kantutas Group

The Kantutas Association is in the Cascada center of the city of El Alto. They have been working for one year with the Pro-Mujer family.

Most are married with large families, in need of economic resources to cover certain necessities such as school uniforms and supplies, since a new school year is starting. This is why they need large loans to increase their sales and to have the security of a larger income.

The Kantutas Association are all in general business, selling various products in market stands and on the streets of the city. Some also have neighborhood shops.

Translated from Spanish by Susan Sanford, Kiva Volunteer

La asociación kantutas pertenece al centro focal Cascada ubicada en la ciudad de El Alto, hace un año que trabajan junto a la familia de Pro – Mujer.
La mayoría casadas y con familias numerosas, necesitan recursos económicos, para cubrir ciertas necesidades como ser guardapolvos y material escolar, ya que empieza un nuevo año escolar. Por este motivo necesitan de mayores créditos para ampliar sus ventas con la seguridad de obtener mayores ingresos.
La asociación Kantutas se dedica al comercio en general, diversos productos son vendidos en puestos de mercados y calles de la ciudad, otras también tiene tiendas de barrio.



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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