A loan of $4,425 helped a member to buy wholesale garments, such as jackets and sweaters.

Los Andes Group's story

The communal bank Los Andes has twelve members, eleven women and one man. Its chairperson is Maria, who appears in the photo wearing a blue jacket. She is 46 years old and has three children who go to school. She works selling clothes according to the season, selling her products in her stall.

This is her first loan with this institution, and Maria will use it to buy wholesale garments such as sweaters and jackets so that she can stock her business for the cold season. This season is characterized by a lot of sales and even orders. The reason why she is requesting this loan is that she lacks capital. Maria faces challenges to her business such as the daily competition. She will use the loan to buy more merchandise.

Her wish is for her business to be well stocked so that she can offer her clients a variety of products. Maria is happy and grateful to the institution for its support, since it helps her to improve in her business.

In this group: Maria Cristina, Silvia Patricia, Rosario, Alan Daniel, Danny Gabriela, Bania, Cecilia, Monica, Olga, Siseli, Maria Claudia, Elba

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Translated from Spanish by Kiva volunteer Isabel Valencia

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Loan details