A loan of $2,500 helped a member increase capital.


Lealtad De Wilacota Group's story

The Lealtad D. Wilacota Entrepreneurial Village Bank was formed in the Wilacota area to the south of the city of La Paz. They are in their first loan cycle. The group is maD. up of 9 members who live in the area. Many of them are young but hope to start a business to help with their household expenses. The bank currently has a board of directors which has been elected; the board members stood out for being very responsible. Angela is the group president and lives in the Ovejuyo area with her two children. She is a single mother who has to work hard to be both father and mother to her children. She sells children's clothing in various parts of the city. She lives with her mother who takes care of the children while Angela works everyday. She will use the loan to buy clothing wholesale to increase her working capital and improve her business. She is a very responsible, hard-working woman who hopes to move forward and someday buy a home and improve the standard of living of her whole family. All the group members are very responsible and in many cases, support their families on their own. They hope to better the standard of living of their families and they are very grateful to Emprender and Kiva for the support they are receiving through these loans.

In this group: Angela Mercedes, Alvaro , Eduardo, Maria Amanda, Marieta, Alex, Segundina, Wendy , Anacleta
*not pictured

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Translated from Spanish by Kiva volunteer Scott Crandall



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Loan details