A loan of $3,800 helped a member to buy seasonal fruit at wholesale.

Santa Terecita Group's story

The “Santa Terecita” communal bank has 8 members, four women and four men. The bank’s president is Marcelina, 63. She’s married and has a son who is independent. She works selling fruit in one of the city of Cochabamba’s busiest markets.

Marcelina is a longstanding client of the institution since this loan is her fifth sequence. She is going to use it to buy seasonal fruit at wholesale. The reason for requesting the loan is the lack of working capital to buy her products.

Marcelina faces business challenges like competition and will use the benefits to improve her quality of life. Her wish is to see her business grow and to become a major distributor in the zone. Marcelina feels happy and grateful to the institution for the support provided her and her fellow group members.

In the photo, one of the members appears with his wife.

In this group: Virginia, Reynaldo Jesus, Erika Milenka, Gustavo, Reynerio Nicanor, Irene , Ramiro Wilmer, Marcelina

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Translated from Spanish by Kiva volunteer Polliz

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Loan details