A loan of $4,200 helped a member to buy skirts in bulk.


Veloz Del Norte Group's story

The entrepreneurial bank Veloz del Norte is made up of 8 members - six women and two men - who run different businesses. Julieta, 68, is the president. She is married and has two grown children. She sells skirts and petticoats for women at a stall in the Puente Vela zone.

This loan is her first as part of the institution. She will use it to buy skirts in bulk to stock up on merchandise, since she has a lot of sales during this time of year and she also delivers orders to different markets in the city of El Alto. Julieta faces challenges in her business like keeping it stocked and she wants to make use of the benefits and continue buying merchandise in bulk so she can maintain her stock. Julieta is hardworking and is happy with this opportunity since this business is the only way she is able to take care of herself.

In this group: Juan Edgar, Catunta Cecilia , Santos Natalio, Juan Carlos, Julieta, Grisel Rubi, Maira Aurora, Carol Fortunata

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Translated from Spanish by Kiva volunteer Mary Berghaus



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