A loan of $2,325 helped a member to buy wool sweaters and vests.

Las Pankaritas" Group's story

The communal bank Las Pankaritas is made up of eight members, all women who work in various activities. Carmen, is the president of the bank. She is 30 years old, and has a seven year old son, who is school age.

She works selling wool clothing such as sweaters in her store located in the busy 16th of July area of the city of El Alto. The purpose of the loan is to buy sweaters to supply her store as this is the cold season when there is a lot of demand for her products which is why she asked for the loan.

Carmen is a hardworking person with years of experience in this activity. She is very grateful to the institution for the support given to her as this is the only activity with which she supports her family and she also is grateful for the support of the other members of the group who in many cases are supporting their families alone.

In this group: Jenny Janeth, Carmen Dolores, Vilma, Irene Dionicia, Gabriela, Carmen, Justina, Maria Teresa

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Translated from Spanish by Kiva volunteer Gail LeGrand

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