A loan of $3,275 helped a member to buy wholesale alpaca wool.


Yungueñitas 27 Group's story

The communal bank Yungueñitas 27 is made up of 8 members of whom 6 are women and 2 are men working in various activities.

The president of the bank is Paulina. She is 68 years old, married with adult children. She works weaving alpaca sweaters and blankets for women. She has her workshop and home in the area of Pedro, Domingo Murrillo.

This loan is her first sequence with the institution. Paulina is going to use this loan to buy wholesale alpaca wool for weaving her sweaters and blankets as at this time she has many sales and also sales deliveries to various markets in the city of El Alto.

Her reason for asking for this loan is to build up working capital. Paulina faces challenges in her business such as supplying her merchandise and she is going to use the loan proceeds to continue buying wholesale materials to weave her sweaters.

In this group: Sergio, Paulina, Maribel, Nancy, Victoria, Ruth Rocio, Alisson, Hector

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Translated from Spanish by Kiva volunteer Gail LeGrand



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