A loan of $2,450 helped a member operating capital for their respective businesses.

K´alamarka Group's story

The K’Alamarka Communal Bank has been working with our Institution for more than two years. The group consists of half men and half women. Most of the women buy and sell fruit, while the men are in the transportation sector.

Sra. Durán is a long-time member and currently serves as the Communal Bank president. Her loan will allow her to diversify and increase her inventory of fruit that she offers from her vending location in Sapaqui. She is requesting to increase her business capital so that she will be able to provide better living conditions for her large family.

Sra. Vicenta is a new member who currently serves as the Communal Bank secretary. She sells CDs in the cities of La Paz and El Alto. Her loan will be used to purchase CDs and VCDs in order to improve her earnings.

Sr. Moises, who is participating in his third loan cycle, serves as the Communal Bank treasurer. There are four members in his family. He is an independent driver and will use his loan to maintain his vehicle. Moises plans to purchase spare parts such as tires and switches. Over time he wants to save enough money to buy another vehicle. This is his first experience working with Communal Banks and having the opportunity to save and improve his family’s income.

In this group: Adela Juana, Beatriz Rosmery, Vicenta, Edwin, Luis Fernando, Virginia, Moises Santos, Roman Ricardo, Rita Sofia, Rolando Hector

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details