A loan of $4,850 helped a member to buy seasonal clothing wholesale.

Bibosi Group's story

The communal bank BIBOSI is made up of 8 members: 7 women and 1 man. All of them have different lines of work. Dora is the president of the bank. She is 26 years old, married, and has two children who are 3 and 9 years of age.

Dora earns a living by selling seasonal clothing. She sells her products in different fairs and expos in the city of Santa Cruz. This will be her first loan as part of the group, and she will use it to purchase seasonal clothing wholesale and thus keep her business well stocked. Dora is requesting this loan in order to increase her merchandise. Dora faces various challenges in her business, such as competition, and she will use the benefits of the loan to continue purchasing merchandise and earn more income.

Dora is grateful for this opportunity, both for herself and the fellow group members, as many of them are the sole providers for their families.

In this group: Dora, Claudia, Elddy, Mariana, Bella, Aurelia, Ana Karina, Widen

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Translated from Spanish by Kiva volunteer Deepti Limaye

Loan details

Lenders and lending teams

Loan details