Funded

Total loan: $4,350
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Siempre Amigas Group

Bolivia
Bolivia / Services

A loan of $4,350 helped a member operating capital.


Siempre Amigas Group's story

The members of the group "Siempre Amigas" (Always Friends) are represented by señora Maria del Carmen. The group is maD. up of 14 members who live in the same neighborhood. Each one of them has her own business selling food, sewing, selling bread, running a grocery store, selling drinks and empanadas, running a hardware store, selling cosmetics, selling sheets and blankets, selling clothing, or running an internet cafe. They say that their competition exists, but in spite of this, they know how to get ahead by working hard and having confidence. They work every day to give their families a better quality of life. The financing will go towards expanding the merchandise in their small businesses so they can generate more income that will result in a better quality of life for their families. Their credit history is very good, and they have experience with communal banks thanks to previous credits from institutions similar to Agrocapital. Within this group, it was noted that the members are very organized, united, and responsible. At each meeting, they have a raffle to grow their treasury, so that at the end of each loan term, they can have savings to help with their families' expenses.

In this group: Maria Del Carmen, Lidia, Juana, Maria Rosario, Vania, Dolly, Claudia, Jacquelin, Rossy, Idolina, Dunia, Hermosinda, Laura, Manuela
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Tanya Harper


Loan details

Loan length:

7 months
Disbursed date: July 15, 2009
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: July 15, 2009
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA