A loan of $2,400 helped a member to buy ingredients.


33- Alamos Group's story

The “33-Alamos” communal bank has 8 members; six women and two men who carry out a variety of activities. The bank president is Janeth, 25; she has a 3-year-old son. She works selling food in a very busy part of the city of Cochabamba. This loan is her first sequence in the institution and Janeth will use it to buy ingredients like rice, noodles, potatoes and oil at wholesale needed for her food preparation. Her reason for requesting this loan is the lack of capital. The business challenge Janeth faces is that prices have risen and ingredients often are scarce. She will use profits to continue buying ingredients for food preparation. Janeth is a very hardworking person who feels happy and grateful to the institution for the support provided.

In this group: Juan Marcelo, Janeth Eugenia, Giovanna, Dalva Karen, Maria Elena, Nilda Monica, Delia, Roger
*not pictured

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Translated from Spanish by Kiva volunteer Polliz



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