Funded

Total loan: $3,300
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Concordia Group

Bolivia
Cochabamba, Bolivia / Food Stall

A loan of $3,300 helped a member to purchase wholesale ingredients (potatoes, rice, noodles and other items).


Concordia Group's story

The Concordia community bank consists of nine members - seven women and two men. The bank president is María, a 46-year-old married mother of five children who are all full-grown. She makes a living selling food, which she does every day from a sales post on one of the busiest streets in the city of Cochabamba, preparing and offering her customers a variety of dishes. She says that the work is the main source of income for her and her family, which along with an employee helps prepare the food and tend to customers. She plans to use the loan to purchase wholesale ingredients (potatoes, rice, noodles and other items) so she has a full pantry. María is a very hard working person who has years of experience selling food and is very grateful for the support being provided to her and her fellow bank members, since many of them are the sole providers for their families.

In this group: Sandra Estela, Maria, Tania Esther , Teodora , Juan Maicol, Wilfredo, Ana Patricia, Vanessa, Caterine Raisa
*not pictured

Translated from Spanish by Kiva volunteer Marty Greenstein



Loan details

Loan length:

8 months
Disbursed date: July 16, 2012

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: July 16, 2012