A loan of $3,775 helped a member buy seasonal clothing.

Sol Naciente - 32 Group's story

The Sol Naciente -32 communal bank is made up of 9 members (8 women and one man). They all work in different fields. Flora is the president of the bank and is 69 years old and has been involved in the bank for a long time. She works selling seasonal clothing and sells her goods in various markets in the city of Cochabamba. This is her first loan in this bank. She will use it to buy clothing wholesale and in this way stock up her business, since her reason for asking for this loan and her previous loans is to increase her merchandise. Flora faces challenges in her business such as competition and she will use this loan to continue to buy merchandise and in this way generate more income. She is happy and thankful because she and her group members in many cases are the only income-earning members of their families.

In this group: Flora, Claudia Bertha, German, Martha, Dayana, Lourdes, Rosario, Emeliana, Pamela

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Translated from Spanish by Kiva volunteer Patrick Bales

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