A loan of $2,375 helped a member working capital and merchandise.


Guapay Sur Group's story

The group "Guapay Sur" is represented by Mrs. Ana Barbara and maD. up of 13 members, who are very close friends and partners. They are very active and enterprising people that desire to perform activities in order to become closer friends and therefore more united as a group. The main activity of these partners is the sale of clothing, but they also sell food, empanadas, shoes, games, and cosmetics by catalogue in their free time. In regard to the competitive environment, we can mention that although competitors are present in their neighborhood, our partners have faithful clients that constantly generate the necessary economic activity for the subsistence of their families. In the case that things aren't going well in their neighborhood, they direct themselves to another place or they diversify their economic activity in a way that they can fulfill their childrens' needs. This credit will be used for the purchase of merchandise in the city of Desaguadero and the acquisition of materials and tools that will help them generate a better product and greater earnings to be able to proviD. their families a higher quality of life. As for experience with credit, our partners have received financing from similar institutions, but this is the first time they have worked with an institution that provides them confidence and economic support, for which they desire to continue growing together with us.

In this group: Ana Barbara, Andrea, Erika Alejandra, Carolina, Katherine, Analicia, Juanita, Linci Kattia, Patricia, Maria Viviana, Angelica Leticia, Viviana, Angela

Translated from Spanish by Kiva volunteer Mark Broscoe


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Loan details