A loan of $2,825 helped a member to buy merchandise to stock their store.

Las Magnificas Colca Group's story

The venture bank LAS MAGNIFICAS COLCA is comprised of eight members, including six women and two men that are engaged in various activities. The president of the bank is 23 year old Treysi, who has two children who are 2 and 5 years old. Tresyi works to sell a variety of items like groceries, candy, soft drinks and other items in her local shop. This loan is the first sequence within the institution. Treysi is going to use the loan to buy a variety of groceries for her business like rice, pasta, flour and sugar in bulk to stock her store and thus provide a variety of products to her customers. Her reason for soliciting the loan is to continue improving her business. Treysi will use the profits to continue purchasing products and thus improve her income, since during this season there is great demand. She wants to have a warehouse and thus provide better service to her customers. Treysi is a hardworking person and feels happy for the opportunities provided to her and her group members.

In this group: Bethy, Maria Elena, Treysi Mariza, Luis Esteban, Daisy Elizabeth, Gennesis Caro, Esteban Florencio, Norma

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Translated from Spanish by Kiva volunteer Michelle Holker

Loan details

Lenders and lending teams

Loan details