A loan of $5,225 helped a member to purchase wholesale cosmetic products.

Amigas Por Siempre - 26 Group's story

Communal bank AMIGAS POR SIEMPRE – 26 is made up of eight members, five female and three male, that make a living through various activities. The bank's president is Ana. She is 28, has two school-aged children and sells catalogue cosmetics. She does this in an itinerant way, offering her products door-to-door at homes and private and public institutions in La Paz. This will be her first cycle with our institution and she plans to use her loan to purchase discounted wholesale cosmetics and jewelry, aiming at offering a greater diversity to her customers and thus increasing her profits. She is asking for this loan because she wants to improve her business and will use the profits for buying more beauty products. Ana is a hard-working woman who feels very grateful for this opportunity as it is her only means for supporting her family.

In this group: Carla Monica, Giovana Rosa, Agripina Juana, Lupe, Ana Maria Del Pilar, Luis Silvestre, Douglas Humberto, Carlos

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Translated from Spanish by Kiva volunteer Carolina Zuniga

Loan details

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Loan details