Total loan: $3,600

Exito Group

, , Bolivia / Services

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A loan helped Working capital.

Exito Group's story

The “Éxito” group is represented by Rilca and made up of 10 very hard-working members who want to get ahead, as they have demonstrated in past cycles. At this moment, the group is in its fifth cycle having demonstrated responsibility, honesty and fulfillment of their repayment plans. The majority of the members are in the business of preparing meals for sale like chicken and special traditional dishes. The rest of them sell CDs, provide in-home photography and videography services for special occasions, and some sell school and carpentry supplies. All of these lines of work have heavy competition but the members have established solid reputations over the years selling dishes that people recognize and with the high quality of their ingredients. The financing will be used to buy new supplies and work tools so that their work can be done faster and profits may be higher for the better well-being of their families. Their previous loans have been well administered and they have made progress in their stores and businesses and, mainly, in their homes since they all have seen an improvement in the quality of life of their families.

Translated from Spanish by Michael Bujazan, Kiva Volunteer