Total loan: $3,700
, , Bolivia / Services
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A loan helped Operations Capital.
Creativas Group's story
Members of the Community Bank “Creativas” are represented by Lola. Four of their members, Ricardo, Viviana, Roxana and Angelica are cousins but they perform different activities and have separate incomes. Most female members sell clothes and cosmetics, but they also work as custodians or secretaries. Male members work on electronics or in auto shops. As in any business, supply and demand has always been an issue. However, members have experience in this area and they are not worried about their competitors as they offer quality work and products. Financing will be used to purchase supplies, goods and work tools. Although it is the first time for some of their members, many of them have already worked with other support groups, so they are aware of the responsibility of requesting for a loan. They have proved their commitment to the Foundation and they have always performed timely payments of their loans in the past.
Translated from Spanish by Jimena L., Kiva Volunteer