Total loan: $2,950

Jose Cronembold Group

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, , Bolivia / Services

Jose Cronembold Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped operating capital.

Jose Cronembold Group's story

The group “José Cronembold” is represented by Señora Leidy Lorena and is maD. up of 13 members, including 10 women and 3 men. They all have their own businesses; some are involved in the production and sale of bread and food, other sell products such as clothing and cosmetics, and others proviD. services such as transportation, the sewing of garments, cleaning services, secretarial services and the distribution of bottles. The competition is really very difficult, especially in the area of bread and food sales, because every day the members of the group must sacrifice more to obtain the income needed to sustain their families. This loan will be used to enlarge their businesses with the purchase of products, merchandise, supplies and tools that will help them generate increased incomes to improve the standard of living and quality of life for their families. The majority of the members had only heard about these group loans, but in the course of the credit training that they were given they were informed about the movement. They also learned what this institution wants so that they can continue enjoying the economic support that it provides in order that their businesses can continue to grow.

Translated from Spanish by Lisa Grobar, Kiva Volunteer