A loan of $3,400 helped a member to buy seasonal clothing for women and children.

Las Aguilas Group's story

The communal bank Las Águilas is comprised of ten members—nine women and one man. María is the president of the bank. In the photo, she is wearing a red sweater with a white shirt. She is twenty-two years old and single with a five-year-old son. She makes her living selling clothing. Her clothing stand is located in one of the markets closest to the city of Cochabomba. This is her first loan sequence with the organization.

María will use the loan to buy seasonal winter clothing for women and children in order to stock her business. Her reason for requesting the loan is to invest the capital in her business. María faces challenges in her business such as competition. She is going to use the profits to continue buying clothing merchandise for women. With time she wants to have her own store and to sell a variety of clothes and accessories. María is a very hard-working person who is carrying her family forward. This is the only business that supports them. She feels happy for the opportunity provided to her and her group members, since in some cases they single-handedly maintain their families.

In this group: Virginia Adela, Sofia, Aurora, Maria Beatriz, Martha, Brenely Eliset, Virginia, Julia, Paulino, Sonia

Translated from Spanish by Kiva volunteer Kate Kremer

Loan details

Lenders and lending teams

Loan details