Funded

Total loan: $2,550
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La Gota * 26 Group

Bolivia
La Paz, Bolivia / Crafts

A loan of $2,550 helped a member to buy construction materials for home repair.


La Gota * 26 Group's story

The LA GOTA * 26 communal bank is made up of eight members, all of them women. The president of the bank is Maria. She is 33 and has 4 children, aged 2, 4, 7 and 12. All of them are school aged. She makes and sells macrame items for home decor. She does all the work and has her workshop in the Achachicala area. This loan is her first cycle in the institution. Maria is going to use this loan to buy construction materials to do home repair. Her reason for asking for the loan is to continue improving her home. Maria is going to use her profits to keep buying materials and thus improve her income. She wants her business to have a big artisanal crafts store and thus offer a better service to her customers. Maria is a very hardworking person who is happy with this opportunity being offered.

In this group: Ximena, Sandra, Maria Alejandra, Janeth, Nelly, Fidelia, Miriam Beatriz , Consuelo Pamela
*not pictured

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Translated from Spanish by Kiva volunteer Ellen Donohue



Loan details

Loan length:

8 months
Repayment schedule: Irregularly
Disbursed date: June 28, 2013

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: Irregularly
Disbursed date: June 28, 2013