A loan of $4,000 helped a member to buy ingredients for food preparation at wholesale, such as potatoes, rice and noodles.


Kanata Colca Group's story

The community bank Kanata Colca is made up of nine members, six of whom are women. The president of the group is Lucy. She is a 51-year-old married woman with four children. She runs a food stall which is located at her home. This is her first loan from this institution. She will use the funds in order to buy ingredients for food preparation at wholesale, such as potatoes, rice and noodles. This will enable her to build up her inventory and improve her sales. She is seeking this loan due to lack of working capital to buy ingredients. Lucy wishes to grow her business. She is a hardworking person who is grateful to this institution for making it possible to receive this loan.

In this group: Maria Griselda, Lucy Wilma, Adrian, Edith, Ronald, Pascuala, Concepcion, Miguel Angel, Maribel
*not pictured

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Translated from Spanish by Kiva volunteer Kevin Bohnert



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