Funded

Total loan: $4,275
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Alfa Y Omega -31 Group

Bolivia
Cochabamba, Bolivia / Grocery Store

A loan of $4,275 helped a member to buy groceries and soda.


Alfa Y Omega -31 Group's story

Alfa y Omega-31 Communal Bank is made up of four members, six women and two men. The president of the bank is Alicia, 49. She has three children, aged 14, 16, and 18, all of whom are studying in the university. Alicia makes a living selling a variety of staple items in her neighborhood store such as groceries, sweets, soda, and other things.

This loan is her second sequence with the institution. Alicia's going to use this loan to buy a variety of groceries to stock her business: rice, pasta, flour, and sugar wholesale. This way she'll offer her customers a variety of products.

Her reason for requesting this loan is to continue improving in her business. Alicia's going to use the profits to continue buying products and improving her income. Her desire for her business is to have a big store and give her customers better service.

Alicia's a very hardworking person. She's happy for this opportunity being given to her and her bank colleagues because in many cases they're people who get their families ahead by themselves.

In this group: Paolo Israel, Susan Fabiola, Alicia , Samuel, Simona Maria, Rosmery, Andrea, Galia Daniela
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Catharine Wall



Loan details

Loan length:

11 months
Disbursed date: November 29, 2012

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: November 29, 2012