Funded

Total loan: $2,675
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Las Moreñas Group

Bolivia
Santa Cruz, Bolivia / Food Stall

A loan of $2,675 helped a member to buy ingredients at wholesale such as potatoes, rice, noodles and cooking oil, for making her meals.


Las Moreñas Group's story

The "Las Morenitas" communal bank is composed of eight members, all women. The chairperson of the bank is Lorena. She is 38, and has an 18-year-old son. Her son is in school. Lorena lives in the Mora area and sells meals at her food stand, located in the same area where she lives. This is her first loan with the institution.

Lorena is going to use this loan to buy ingredients at wholesale, such as potatoes, rice, noodles and cooking oil, for making her meals. In this way she will increase her working capital.

Her reason for applying for this loan is to continue improving her business. Lorena is going to use the profits to keep buying supplies and improving her income. Her wish for her business is to have a restaurant and this way provide greater comfort to her customers.

Lorena is a very hard-working person, and she feels happy about the opportunity offered to her and her fellow group members, as in some cases they are the sole support of their families.

In this group: Nelda, Carmen Lourdes, Francisca, Zaida, Elizabet, Rosa Margoth , Lorena, Sandra
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Jeff Goldie



Loan details

Loan length:

8 months
Repayment schedule: Irregularly
Disbursed date: May 30, 2012

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: Irregularly
Disbursed date: May 30, 2012