A loan of $2,775 helped a member to buy bales of used clothes.

Angeles - 22 Group's story

The “Ángeles-22” communal bank consists of 8 members; six women and two men. They carry out a variety of activities and the bank president is Rosario, 35. She’s married with two children aged 12 and 8 years.

She works selling second-hand clothes in a stand located in the busy 16 de Julio street market in El Alto. This loan is her second sequence in the institution and she will use it to buy bales of second-hand clothes for her business. Her reason for requesting this loan it the lack of capital.

The business challenge Rosario faces is competition for there are many other people in this same line of work in the zone. She will use profits to continue improving her sales stand. Her wish for her business is to have it well-stocked with merchandise to offer a wide variety of goods to her customers. Rosario is a hardworking woman who feels happy and grateful to the institution for the support provided since this the only activity that makes it possible for her to support herself and her family.

In this group: Jose Luis, Rosario, Tereza, Gisela Alejandra, Sara Lia, Edwin Rolando, Vanessa, Olivia

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Translated from Spanish by Kiva volunteer Polliz

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