A loan of $3,600 helped a member to increase working capital.

Unicas Por Siempre Group's story

The Las Unicas por Siempre (The Only Ones Forever) Enterprise Bank is in its second loan cycle. In the first cycle the 12 members took out a loan of 18,000 bolivianos. The group's current loan was disbursed on December 22, 2009 to 13 group members. They will repay this loan in 12 bi-weekly installments. The bank has had a good credit record since the first cycle. The members are punctual in their attendance at meetings held at the office at 3:00 p.m.

Evelin lives in the Noel Kemf Mercado section, the Plan 3000 Zone, in her father’s house. She has 2 children from a common-law marriage. From that house she sells groceries, so as to help support her family. She has plans for her children to study. She invested the first loan in her store, making improvements such as the purchase of 3 shelving units. She used the second loan to buy commodities such as rice, pasta, soap, etc.

Ruth is president of the Enterprise Bank. Her business is selling underwear. She buys wholesale at the Barrio Lindo bazaar, then goes house to house through the neighborhoods selling on credit. This is how she spent the loan given her, which was a great help, since her working capital had been used up. With the help of the institution, she recovered her business.

Sonia is a long-time member who sells produce she buys from the El Abasto Market. She has a place in the little market in May 1st Villa. She has a common-law husband and two small children. She helps her family this way. She used the second loan to increase her working capital, and she now buys in greater quantities.

They are grateful to Emprender and Kiva for their trust in extending credit.

In this group: Ruth, Maria Del Carmen , Evelin Clareth, Ruth, Alex Grover, Sonia, Maria Ketty, Lidia Aidee, Manuel Antonio, Darling Nerea, Aidee , Maribel , Angeliva Patricia

Translated from Spanish by Kiva volunteer Mary Jane Wilkie

Loan details

Lenders and lending teams

Loan details