A loan of $3,875 helped a member to buy wholesale fabric for her business.

Flor De La Canela Group's story

The FLOR DE CANELA communal bank is comprised of eight members who are involved in different business activities. The president of the group is Filomena who is 42 years old and has three children, ages 24, 20 and 16 who attend school and the university. She sells wholesale and retail fabric in her shop which is located in the busy area of "16 de Julio" in the city of El Alto.

The loan will be used to buy wholesale fabric for her shop. Filomena is a hard-working person who has been in this business for many years. She is very grateful to the institution for the support she is receiving since this business is her only source of income for the family. She is also grateful for the help to other members of her group because many of them are heads of household.

In this group: Regina, Lizeth, Filomena, Julia Trifonia, Elena Virginia, Mery Isabel, Ruth, Paz

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Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details