A loan of $1,900 helped a member purchase merchandise.

Alpacoma Group's story

Over five years ago, a group of family members and neighbors got together to form the Alpacoma Association, which holds its meetings in Villa Exaltacion. To date, it is comprised of ten group members. Dolores C. is the current president of the group. She states that she started her own business because she had financial limitations in her household, so she felt the need to earn the income necessary to cover her children’s nutritional expenses. She sells blankets for a living. The rest of her fellow group members own different types of businesses. For example, Claudia makes vehicle covers, Nancy sells fruit, Concepcion sells fast food, and Oscar makes bricks. The entire group needs working capital to purchase merchandise.

In this group: Dolores Victoria, Concepcion, Martha, Nancy Victoria, Laura Yesenia, Carmen Rosa*, Magdalena Maria, Oscar, Catalina, Lidia

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Translated from Spanish by Kiva volunteer Elizabeth Casian

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