A loan of $2,250 helped a member increase business capital.


Carmen's Group's story

It is a community bank of 10 individuals that belongs to the locality of "la Guardia," Bolivia. The majority of the clients sell clothes, cosmetics and fruit for a living. Carmen C. is the leader of the bank, she has been living in the locality of "la Guardia Barrio 3 D. Mayo" for the past 2 years, she lives in a rented house. She has three children and her husband works at the Mayor's Office of "la Guardia; she is a street vendor selling clothes. She started her business 2 years ago and she wishes to continue working with enthusiasm in order to save enough money to buy a stand. Juana S. is the secretary of the community bank, she sells cosmetics as well as pastries as a street vendor, she lives in her own house, has four children, is a very talented lady and business meetings are held at her place and she dreams of having her own premises. Lidia C. is the treasurer of the community bank, she lives in the locality of "la Guardia, Km. 6". She sells cosmetics from a rented house. She is a single mother of two children, and the loan is very important to her as it makes it possible for her to make business and proviD. for her family.

In this group: Carmen, Graciela, Ingrid, Dorina, Juana, Hernan*, Lidia, Yaquelin, Soledad, Regina*
*not pictured

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Translated from Spanish by Kiva volunteer lene struck



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