A loan of $4,125 helped a member operations Capital.


Yanapassiñani Group's story

The directive of Village Bank YANAPASIÑANI is maD. up of Mrs. Elena, Hilda Rosa, and Victor. The Bank has twelve components and the majority lie in the Kollipani area in the city of El Alto. The partners mostly engage in work such as retail sales, like the sale of vegetables, cheeses, clothing, small grocery stores and calling centers, some work weaving wool and macramé sweaters. The group is comprised of 80% women. They need loans in order to raise their work capital, to stock up merchandise and purchase more supplies and materials to produce a more quality and competitive product. The competition they have in the area where they work is accesible to good sales because it is removed from the city center, so most of the revenue goes to support the livelihood of their families. The partners that knit or macramé wool and fabrics have a different market since they do work based on requests and sufficient demand. The group is entering their fifth cycle, fulfilling all obligations responsibly and in a timely manner. They have sufficient experience within the group, and for this reason the Foundation Agrocapital has confidence in financing them yet again.

In this group: Elena , Victoria, Eulogia, Hilda Rosa, Victor, Maria, Rose Mary, Yovana Miriam, Natividad, Gladys, Reyna , Francisca
*not pictured

Translated from Spanish by Kiva volunteer Erin Hopkins


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