A loan of $2,750 helped a member purchase merchandise.

Suipacha Group's story

The Banco D. Emprendimiento SUIPACHA (Entrepreneurship Bank SUIPACHA) is a bank that has been working with our institution for 3 cycles. The majority of their participants have businesses selling various products.

Rolando is the president. He buys and sells furniture in different areas of La Paz and El Alto. He has a large family. With the loan he will be able to purchase furniture on sale. He hopes to use this business to save for his children’s education.

Evelin is a new member and she is secretary of the group. She is the head of her household, as she is separated. With this loan she is able to travel to Desaguadero to purchase tennis shoes in bulk and at a lower price. With her income she plans to increase her working capital.

Lizet has a family of four. She works in a factory making clothes, but since she has small children, she is planning to resign and use the loan to set up a store in her home. That way she can be closer to her family and generate income.

All of the members are responsible, dynamic, and hardworking. They have to work hard to get their families ahead and thus be able to improve their families' quality of life. They are thankful to Emprender and Kiva for the trust placed in them with this loan.

Note: In the photo there are 11 people, because one of the members is accompanied by her daughters.

In this group: Rolando Guillermo , Evelin Rosio, Maribel Helen, Rosa Elizabeth, Vanesa Monserrat, Lizet, Alejandra Gabriela, Luisa Paula, John Ariel, Mercedes
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Michele Magrino

Loan details

Lenders and lending teams

Loan details