A loan of $3,850 helped a member to buy silver jewellery.

Loani Group's story

"Loani" is a communal bank located in the city of Concepción. It has 17 members all of whom have used their loans in different fields. In the photo, sitting down in the front row, wearing a grey top and holding her purse on her lap, is Constanza. She is a member and wants to share her story about how she came to take out this loan. Constanza is applying to use the loan mainly to be silver jewellery and then also perhaps to buy more accessories, such as purses and wallets that she will sell as well. Constanza tells us that her projections for the business are very positive and she hopes to make double what she invests and also have more time to spend with her daughter and to try to prosper. She hopes to see changes to both her professional life and business and hopes to see doors open for her business. Her main challenge for now is to make her business move forward. She hopes the loan will really help with this as for a long time she was unemployed and she needs to move forward for her daughter and for her baby that she is now carrying. Constanza is looking forward to the training she will be given. Among her goals, Constanza wants a stable business and to continue working with the foundation as they have really helped her.

In this group: Maria Angélica, Sandra Andrea , Astrid Aurora , Nicole Alejandra , Jose De La Cruz, Danilo Ulises, Hernán Ulises, Johanna Elizabeth, Patricia Del Carmen, Macarena Del Rosario, Catalina Victoria , Estela Margarita, Silvia De La Cruz , Maria Cecilia , Carol Marjorie, Constanza Alejandra , Jasna Maria, Carla Nicole, Camila Francisca

Translated from Spanish by Kiva volunteer Iain Gaw

Loan details

Lenders and lending teams

Loan details