Total loan: $4,375

Siempre Unidas Group

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, , Bolivia / Retail

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Siempre Unidas Group's story

The group “Siempre Unidas” (Always United) is led by Sra. María Teresa and consists of 13 members (11 women and 2 men), mostly residents from the same neighborhood, who have great confidence and are extremely hard workers. Such qualities are demonstrated by the President, Sra. María Teresa, who sells leather garments. She has three children, two of whom are of school age. Her husband works on a poultry farm and together they support their household. They currently live in a rental property, but they want to build a house soon because they are ready to live in their own home. For this reason, she is in need of a loan to pay for the construction of her house and will use part of the proceeds to acquire merchandise for her store. This will help generate more income so that she can complete her house and proviD. her family a better quality of life.

The other members are engaged in different business activities such as selling quinoa, managing a neighborhood store, selling snacks, selling clothing, selling cleaning supplies, selling food, and providing transportation services. The women are confident in their abilities and also possess the charisma to sell their products and create good competition in the market where they operate. This loan will be used to increase their capital to purchase supplies, merchandise, and equipment for their work. The Communal Bank is working on its fourth loan cycle and has demonstrated punctuality and responsibility with their payments. They desire to succeed and grow so that they can proviD. their children a better future.

Translated from Spanish by Ronan Reodica, Kiva Volunteer