A loan of $3,550 helped a member to buy winter clothing.

Bibosi Group's story

The communal bank Bibosi is made up of 8 members, 7 women and 1 man. The president of the bank is Dora, who is 26 years old and has two children, ages 1 and 9 years old.

Dora works selling clothing. She has a stand in one of the busiest markets in the city of Santa Cruz. This loan is her 4th sequence with the institution.

Dora is going to use this loan to buy winter clothing such as pullovers and jackets thus providing a variety of products to her customers and increasing her earnings. Her reason for asking for this loan is to continue improving her business. Dora is going to use the profits to continue buying a variety of seasonal clothing. Dora is a hard working person who feels happy for the opportunity as this is the only activity that permits her to support herself and her family.

In this group: Mirtha, Dora, Zandra, Mariana , Telma, Guztavo, Bella, Delicia

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Translated from Spanish by Kiva volunteer Gail LeGrand

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Loan details