Total loan: $2,650

Noel Kemf Group

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, , Bolivia / Services

Noel Kemf Group's loan finished fundraising,
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A loan helped Operation capital (to acquire materials, supplies, and tools).

Noel Kemf Group's story

The group “Noel Kemf” is led by Saida and consists of 13 members that resiD. in the same neighborhood called Noel Kemf; they all have known each other for many years. The majority of the group members have businesses in the sale of food products, ice, cosmetics through catalogs, clothing, and mechanic garages. Competition in the commercial and services sector is high, but the group members know how to get ahead thanks to their experience and drive to work. The loan will be used to acquire materials, supplies, and tools that will help the group generate higher incomes; their families depend on this income and it will afford them a better quality of life. In respect to their experience in solidarity groups, the majority of the group members have previously obtained loans in entities similar to the Agrocapital Foundation, and they are familiar with the main requisites of these loans, which are honesty, responsibility, and above all a will to work.

Translated from Spanish by Mariela Cedeno, Kiva Volunteer