A loan of $3,475 helped a member to buy toys.

San Martin De Porres - 32 Group's story

The “San Martin de Porres-32” communal bank has 8 members: 7 women and 1 man. The bank president is Sandra, 33. She has four school-age children. She works selling toys in a sales stand located in one of Cochabamba’s better known markets. This loan is her first sequence in the institution and Sandra will use the loan to buy toys at wholesale to stock her business. Her reason for requesting the loan is for business growth. The business challenge Sandra faces is competition because there are several others in the same market she works in that do the same thing as she does. She will use profits to improve her products and her quality of life. Her wish for her business is to open a store of her own to display the variety of toys she has available for sale.

In this group: Sandra Micaela, Ana Isabel, Shany, Anastacia, Pamela Ingrid, Gimena Sarah, Ivan Sergio, Martha Veronic

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Translated from Spanish by Kiva volunteer Polliz

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