A loan of $3,875 helped a member to increase working capital.

Jacaranda Group's story

The Jacaranda comunal bank is composed of a board of directors: The president is Rocio, who is involved in sales in a neighborhood store. She lives in a house together with her husband and son in the Santa Ana zone. The two share the household expenses.

The secretary is Wendy, who has worked in handicrafts and seasonal sales for 6 years. She sells her products in different local markets and this contributes to the household expenses. She lives in her in-laws’ house in the central zone, together with her husband and two children.

The treasurer is Jose Luis, who works in cell phone sales and also in transport. He has been involved in these for 18 years. He lives in an anticrético (a special rental arrangement available in Bolivia) in the Colquiri Norte zone, together with his wife and four children.

The group is dymanic and its members support each other, as they are well organized.

In this group: Rocio, Maria, Nathan, Vivian Maribel, Reinaldo Ricardo, Jose Luis, Juan Pablo, Ignacia, Benedicta, Wendy Luz, Rosario Juana

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Translated from Spanish by Kiva volunteer Kathleen O'Connell

Loan details

Lenders and lending teams

Loan details