A loan of $1,875 helped a member to buy ground coffee and sugar.

Las Bolivianitas - 26 Group's story

The "Las Bolivianitas-26" communal bank is a long-established, responsible group made up of eight members, seven women and one man. The chairperson is Angélica, who sells meals, including breakfasts, on a very busy street in the city of La Paz.

She sells every day, and goes out at in the early hours of the morning. She is well-known in the place where she lives.

As all her friends are also neighbors, they know one another very well, and decided to create the communal bank. The chairperson has three children, and all of them go to school. She is married, and her husband is a graphic designer for a printing company.

She decided to take out the loan to buy supplies such as ground coffee and sugar for making her breakfasts. In this way she will increase her working capital and enable her business to grow.

Angélica is a very hard-working person, and she feels happy and thankful to the institution for the support offered to her.

In this group: Luz Consuelo, Angelica Lourdes, Rosa Hortencia, Filomena, Paulina Santusa, Felipa , Ivonne Antonia, Mario Gerardo

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Translated from Spanish by Kiva volunteer Jeff Goldie

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