A loan of $2,925 helped a member operating capital.


Candela Group's story

The Candela Communal Bank is represented by Yovana and is comprised of 12 friends. The members are very united and active entrepreneurs who want to carry out credit activities to develop camaraderie and unite more as a group. Yovana is the group president, and has been selling cosmetics for the past 3 years, Cristina has been working at a paper supply store for the past 20 years, Marleny has 3 years of experience selling cosmetics, Isabel has been selling soda on the street for the past year, Martha has been selling pots for plans for the past 2 years, Elena has been working at an internet cafe that offeres local and international phone calls for the past year, Patricia has been selling clothing for the past 4 years, Elizabeth has been selling cosmetics for the past 10 years, Carmen has been selling underwear for the past year, Dory has been selling salteñas (Bolivian meat pastries) and running her business for the past 20 years, and Adela has been running her paper supply store for the past 15 years. Some do their activities in their own homes, while others are traveling merchants.

As far as competition goes, we can mention that their competitors are present in the neighborhood. The members have their loyal customers who constantly generate the economic movement that is necessary to support themselves. In case it is not going well in the neighborhood, they go to other locations like fairs and neighborhood markets so they can meet their own obligations and those of their families.

The loan is to stock their stores buy purchasing merchandise, work material, and supplies in greater quantities. Then they will be able to generate better earnings that will allow them to give their families a better quality of life. As far as experience goes, the members are completing their second cycle. They demonstrate responsibility, honesty, and the desire to get ahead to improve their businesses.

In this group: Yovana, Cristina, Isabel, Patricia, Elizabeth, Carmen, Dory, Adela, Reina, Dora, Wendy Carola, Romy Nohely
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish


Loan details


Lenders and lending teams



Loan details