A loan of $2,450 helped a member capital for the metal shop.

Rosas De Sajama Group's story

The ROSAS DE SAJAMA communal bank is starting its second cycle in the Cascada Focal Center. This bank has nine members, eight women and one man. The governing board is headed by Magaly as group President.

Magaly, 28, is married and has two children. This is her second cycle within this bank. She and her husband have two businesses: a metal shop and macramé. This loan will be used for both businesses because they are what support the family.

For the last five years she has worked with her husband operating a lathe and making macramé; both businesses are home-based.

The requested, Bs.2000 loan, will serve to increase capital for both businesses.

With respect to the businesses of the other group members, they are: neighborhood grocery store, book sales, blanket sales, vegetable sales, metal (lathe) shop, taxi services, fruit sales, weaving, clothing sales

In this group: Magaly, Gregoria, Raul, Marina, Basilia, Alicia, Cipriana, Teodosia, Elbira

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details