A loan of $3,925 helped a member to buy fishing nets.


Wara Wara Group's story

The WARA WARA communal bank is made up of nine members, eight women and one man. The president of the bank is Felicidad. She is 56 years old and works fishing and selling fish. Her husband is a fisherman and she sells the fish that her husband fishes in Lake Titicaca. They live in the Tiquina straits in a community close to Lake Titicaca in the department of La Paz. Most of the residents of this community work in fishing and tourism. This loan is her first cycle with the institution. Felicidad is going to use this loan to buy fishing nets. They will sell the product in the city of La Paz and with this net she wants to increase her production and thus satisfy her customers' demand. Felicidad is a person who wants to get ahead. She feels happy and grateful to the institution for the support it has offered, since this is the only source of income that they have to support themselves.

In this group: Felicidad, Eva Julia, Maria , Lucia, Juliana , Lidia, Martha, Jhonny, Elvira
*not pictured

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Translated from Spanish by Kiva volunteer Ellen Donohue



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Loan details