A loan of $2,975 helped a member to buy grocery merchandise wholesale such as pasta, sugar, rice, etc.


Suipacha Group's story

The community bank SUIPACHA is a bank that is already in its fifth cycle. The bank is maD. up of 8 members, 6 women and 2 men. The women are merchants who sell clothes and other things. MERCEDES is the bank president and she has four children who are in school. She sells groceries on credit. She buys wholesale and later sells on credit, collecting weekly or bi-weekly. With the loan, she will buy grocery merchandise wholesale such as pasta, sugar, rice, etc. In this way, she will increase her working capital. She is a hardworking person who is grateful for the opportunity offered her. All of the members know each other and a lot of them are the sole breadwinners in their families. They are grateful to the institution for the support it has offered.

In this group: Mercedes, Banessa, Maribel Helen , Rosa Elizabeth, Ruben , Rolando Guillermo , Lizet, Evelin Rocio

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Translated from Spanish by Kiva volunteer Ellen Donohue



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