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Total loan: $2,000

Banco Comunal Cristal Group

Flag of Bolivia
La Paz, La Paz Department, Bolivia / Retail

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

A loan helped Working capital.

Banco Comunal Cristal Group's story

The Cristal Communal Bank is maD. up of ten members who live in the Pampahasi and San Antonio neighborhoods in the city of La Paz, Bolivia. They have been working with Emprender for two years and are currently on their sixth loan cycle. Señora Cristina A. has been the group leader from the very beginning and is also the group's founder. She has a fruit stand in the local market. She is a very responsible member and knows how to lead the group. Señor David M. drives a minibus (the primary form of public transportation in La Paz) and is also a mechanic. He also helped found the group. Señora Basilia M., a long-time group member, sells books by catalogue. Señora Nicasia G. is a new member; she was invited by group members who know her well. She works in the city of El Alto, selling lamb and cheese that she brings to the city from her village. Señora Beatriz M. is also new to the group; she was invited by Doña Cristina to join this loan cycle. She sells fruit in the same local market. Señora Julia Vasquez, a long-time member, works as a cook at a "comedor popular" (a lunch counter that sells low-cost meals to the working class) and cooks for social occasions. Señora Elena Angelica M., one of the group's founding members, sells CDs and DVDs. Señora Agustina C., a good client, sells blankets by special order. Elba C., a new member, sews sweaters. She was invited to join the group because of her responsible character. Señora Catalina L. sells both used and new clothing in the El Alto market. She was also invited to join the group for this loan cycle. All of the group members plan to invest their loans to increase their working capital (to purchase more merchandise to sell, generally), since they have to get ready for end-of-year festivities.

Translated from Spanish by Cynthia McMurry, Kiva Volunteer