A loan of $2,475 helped a member to buy apples, grapes and mangos.

Waly Suma Group's story

The Waly Suma community bank ('Waly suma' means 'very rich' in the Aymara language), is requesting its first loan through the Villa Tejada regional office. The group has 9 members.

The ladies' businesses are all different. They include: selling cooking oil by the liter, making footwear by hand, selling condiments, selling meals, selling tights, selling clothes, selling fruit, selling toys and multicolored cloth, selling meals, making handicrafts and knitting sweaters.

This community bank is managed by a board and at the head of the board is the president, Teodora.

Teodora is an experienced member of the community bank. Although this is her first loan cycle with the Waly Suma community bank, she has had previous experience with loans. Teodora's business is selling fruit, both seasonal fruit and fruit that is available all year round. Her family started the business around fifty years ago. They used to bring fruit from the town of Rio Abajo. Teodora currently buys her fruit in the Rodríguez market in the city of La Paz and then sells it from her stall in the '12 de Octubre' neighborhood, on Calle No. 2 (Street No. 2). Teodora plans to use her loan to buy boxes of apples, mangos and grapes, especially the latter as there is a tradition of eating grapes on New Year's Eve which means that there is a lot of demand for them.

In this group: Teodora, Lidia Angelica, Hilda Cecilia, Lourdes Eulalia, Dominga, Arminda , Juan, Tania Carola , Maruja

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

Lenders and lending teams

Loan details