A loan of $3,975 helped a member to buy raw materials.

Alternativa Group's story

The “Alternative” cooperative bank has been in existence for eleven years. It meets in Los Andes, located in the city of El Alto.

Currently, Francisca C. is the president of this group. She notes that the group members work together, are prompt, and get along like sisters. Group members undertake different types of activities such as the sale of shoes, plastic bags, making and selling of prepared foods, and carpentry.

The majority of the members knit traditional sweaters, socks and gloves. The coming winter cold will ensure that their sales grow, and for this they need funds to buy raw materials.

In this group: Francisca, Felipa, Lucrecia, Evaristo, Elva, Nancy, Mary Luz, Martha, Hortencia, Asunta, Modesta
*not pictured

Translated from Spanish by Kiva volunteer

Loan details

Lenders and lending teams

Loan details