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Total loan: $3,700
, , Bolivia / Services
Flag of Bolivia
Fortalecimiento Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped Capital to purchase merchandise and supplies for their respective businesses.
Fortalecimiento Group's story
The members of the Communal Bank “Fortalecimiento” have as a representative Veronica who has relatives within the group but this is not a problem as each of the families is economically independent. The members have different commercial business and services, such as selling cosmetics, groceries, food, beauty salon, sewing, and public transportation. As with all business there exists competition and customer demand. The loan will be used to increase merchandise and buy tools and supplies needed for their work. The members say that they have worked with support groups, a majority of the members have worked in agrocapital groups and they know how these community groups function.
Translated from Spanish by Cindy Kendall, Kiva Volunteer