A loan of $3,750 helped a member to buy bundles of used clothing.


Principiantes - 32 Group's story

The 'Principiantes - 32' community bank has eight members: six women and two men, who all work in different businesses. The bank's president is Lizet. Lizet is 23 years old, married, and has two young children. Her business is selling used clothing from her sales location in San Pablo neighborhood, in the city of Cochabamba. This loan is her first through the institution. She will use it to buy bundles of used clothing for her business. The reason she is requesting this loan is a lack of capital. Lizet faces challenges in her business. One of these challenges is the competition as there are many people who carry out the same business in her area. Lizet will use the profits she makes to continue improving her business. Her goal is to have enough merchandise in stock that she can offer a good range of products to her customers. Lizet is a hard-working person. She feels happy and grateful to the institution for the support they are giving her and her fellow group members. All of the members of the group are working hard for the well-being of their families.

In this group: Lizet Anay , Deysi Vanessa, Edy, Olimpia, Olga Beatriz, Sabina Felicia, Flora, Alvaro William
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard



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