A loan of $2,050 helped a member to purchase clothing.

Libertad Group's story

The Liberty Comunal Association is starting its third cycle with the Panamericana Focal Center [which brings together over 100 communal associations]. It is composed of nine members. The women will meet every 28 days over the course of six months to empower one another and make their payments. The members thought over this payment plan and are confident that they are familiar with it and will be punctual. The board of directors is composed of Veronica as president, Rosa as treasurer, and Judith as secretary.

Veronica is a young woman of 27 years. She is married and the mother of three. As president of the association, she has the task of making sure the board of directors, group leaders, and members follow the terms agreed upon at the start of the loan cycle. This is a good challenge for her, because Veronica has been with the association for only one loan cycle. She joined the association thanks to a woman’s invitation.

Her business is selling clothing. Her sister taught her how four years ago. Her first loan was for 1000 bolivianos, and this loan cycle she has requested 2000 bolivianos. In both cases, the money goes towards the purchase of merchandise. The rest of the members of the association have businesses where they carry out vegetable sales, clothes washing, machine knitting, clothing sales, blanket weaving, the sale of various articles, and purchase and sales of leather.

In this group: Veronica, Lucia, Victoria, María Elena, Ortencia, Judith Ester, Rosa, Filomena, Hilaria Maria

Translated from Spanish by Kiva volunteer

Loan details

Lenders and lending teams

Loan details