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Total loan: $3,550
Grupo Bolivia Group
, , Bolivia / Services
Flag of Bolivia
Grupo Bolivia Group's loan finished fundraising,
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A loan helped Working capital.
Grupo Bolivia Group's story
The Bolivia Group was created through a merchant association located in the center of the city of La Paz called Feria D. Boliva (Market of Bolivia) which led to the name of the Village Bank. The group members participate in various types of businesses like that of the group president Miranh who sells perfume. The other group members work in such activities as the sales of clothing, shoes, cosmetics, books and computers. The market is full of people who offer consumable products but these women offer a variety of high quality products at low prices so they don't fear the competition. The purpose of this loan is to purchase merchandise and to improve their work stands since their customers demand to be attended in better conditions. The group members have experience in support groups since they have participated in other financial entities; since they have a good credit record, the Agrocapital Foundation offers them the opportunity to improve their and their families' quality of life.
Translated from Spanish by Scott Crandall, Kiva Volunteer