A loan of $3,275 helped a member to buy wholesale footwear.


Toborochi Group's story

The communal bank Toborochi comprises eight members, three women and a man. The group's president, Moira, has a four-year-old son. She is a footwear street vendor, who travels to various fairs and markets in the city of Santa Cruz.

This is her first loan cycle with the institution. She will use the funding to buy wholesale footwear so that she can offer her customers more variety and increase her income while seasonal demand is strong. She has applied for a loan to keep growing her business, and Moira will invest her profits in more merchandise. Moira works hard and is pleased with this opportunity, as this business is her only source of income.

In this group: Sandra Patricia, Sara, Moira Lissy, Neicol, Maira Alejandra , Ruth Stefany, Elina, Fatima

Translated from Spanish by Kiva volunteer



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Loan details