Funded

Total loan: $2,875
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Corazon De Maria Group


A loan of $2,875 helped a member to buy materials for making necklaces and earrings.


Corazon De Maria Group's story

The "CORAZÓN D. MARIA" (Heart of Mary) community bank is beginning its first loan cycle with our institution. This group has eleven members, one of whom is a man. Their businesses incluD. selling clothes, selling meals, selling costume jewelry, running a bakery, selling 'salteñas' (baked empanadas), and selling chicken empanadas and soft drinks. They are from the '5th ring district' of Cochabamba (note: this city is split into 12 concentric circles - or rings - that radiate out from the city center. Each 'ring' is 1-2km across and they rise in number the further they are from the center).

This group was formed by Mary who has received previous loans from Emprender. Her business is making jewelry such as women's earrings and necklaces. She is very well known for her good work. In addition, she also makes flower arrangements for parties when her customers request them. She will use her loan money to buy materials for making her products such as sequins and wire.

Yessica lives in Los Olivos neighborhood in the '5th ring district' of the city. Her business is selling purses and shoes which she leaves on credit with her fellow University students and other customers that she has in companies and local markets. Yessica buys her merchandise at Barrio Lindo market on Wednesdays and Saturdays. Yessica is single and doesn't have any children yet. She uses her income to pay for her studies and to cover her household expenses. She lives with her family. Yessica will use her loan money to buy clothes wholesale.

This group meets in Emprender's offices on Fridays. All of the members of the group are grateful to the institution for the support they have offered them with the granting of this loan.

In this group: Mary Luz, Eugenia , Laura Katherine, Yessica, Luis Carlos, Sara, Antonia Carmen, Dina , Lisbeth, Elva Cristina, Claudia Cecilia
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard



Loan details

Loan length:

8 months
Disbursed date: March 18, 2011

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 18, 2011