A loan of $3,200 helped a member to buy ingredients for preparing her dishes.

Kantutas Group's story

The Communal Bank "Kantutas" consists of nine members, seven women and two men. The members of this bank engage in different businesses. The president of the bank is Sra. Francisca. She is 50 years old, married, and has two children (ages 13 and 9). Francisca sells food from a stand located in the April 12th District in the city of La Paz. This is her first loan cycle with Emprender.

Sra. Francisca will use her loan to buy ingredients for preparing her dishes, which includes groceries for her business. Her reason for requesting this loan is to increase her capital. Sra. Francisca faces challenges in her business, such as the competition that exists from different places that sell food in her area. She will use the profits to continue buying tables and chairs so that she can expand her business.

Francisca is pleased and grateful for this opportunity that has been given since her business is the only way for her to support herself.

In this group: Francisca, Rita Candelaria, Antonia, Leonel, Marco Antonio, Rosminda Catalina, Yanneth Yovana, Maria Martha, Elizabeth Bertha

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Translated from Spanish by Kiva volunteer Ronan Reodica

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