A loan of $3,400 helped a member to buy seasonal clothing.

San Pedro Group's story

The "San Pedro" communal bank is made up of nine members: seven women and two men. The chairperson of the bank is Lizet. She is 32, and has two children, ages 10 and 15.

Lizet sells clothing according to the season. She has a permanent stand where she sells her goods, located in one of the busiest markets in the city of La Paz. This is her first loan with the institution.

Lizet is going to use this loan to buy seasonal clothing at wholesale, such as sweaters and jackets to combat this winter season. This will enable her to offer a variety of clothing to her customers and increase her earnings.

Her reason for requesting this loan is to continue improving her business. Lizet is going to use the profits to continue buying a variety of clothing according to the season.

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

In this group: Karen Isabel, Lizet Maribel, Marco Antonio, Milenka, Maria Angelica, Tania, Lesly Iris, Jeaqueline, Miguel Claudio

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Translated from Spanish by Kiva volunteer Jeff Goldie

Loan details

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Loan details