Funded

Total loan: $3,475
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Las Margaritas Group

Bolivia
Bolivia / Grocery Store

A loan of $3,475 helped a member operating capital.


Las Margaritas Group's story

The group "Las Margaritas" is represented by Señora Mery Martha and consists of 10 members, of whom 4 are men and the rest women. This community bank is characterized by being very united and happy. Señora Mery Martha is the president and sells groceries in a shop in the market. She is married, and she and her husband, Juan, have three children of school age. Her husband works in metal finishing and has his own shop in their home in the city of El Alto in order to maintain their family. They live in a little house that belongs to their parents. The expectations of Señora Mery Martha and her husband are to grow little by little and be able to buy themselves a piece of land of their own and become independent to give greater comfort to their children.

The rest of the group works in different activities, the majority in clothing sales, either as traveling vendors or at fixed shops. Some members have a little internet cafe, others sell food, others sell blankets, have a photocopying service, or work in public transport.

The group in general has sufficient experience in the businesses they operate, and it's for this reason that they are known in the markets where they sell their products, and thus competition does not affect them too much. The present loan will be used as operating capital for the purchase of merchandise, ingredients, and materials to improve their businesses and give their families a better quality of life. The expectation of the group is to continue working and counting, above all, on the confidence and economic support of Agrocapital to be able to reach their goals, since they are in their fifth loan cycle together and they want to continue growing along with the institution.

In this group: Mery Martha, Maria Angelica, Albaro Fidel, Alberto Daniel, Jesus Miguel, Patricia Conzuelo, Heidy, Hans Cristian, Maria, Damiana, Jenny
*not pictured

Translated from Spanish by Kiva volunteer Pam McMurry


Loan details

Loan length:

6 months
Disbursed date: March 3, 2010
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: March 3, 2010
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA