A loan of $4,225 helped a member increasing capital.

Virgen De Fátima Group's story

The loaning bank named "Virgen D. Fatima" is located in the city of Santa Cruz, Bolivia, and is asking for its second cycle of loans. Funded on 12 June 2008 by the initiative of a group of singlewomen, the group is composed of 16 people including Ms Delicia V. M. as president, Ruth Negri R. A. as treasurer and Asunta G. V. as secretary. The majority of the members are dedicated to the sales of cosmetcis, food, groceries, empanadas, etc. Meetings take place at the beginning of the day on wednesdays, at 9:30 am, at the treasurer's house. The women are satisfied to work with Emprender as they learn how to save and share with their friends every 14 days. The initial group was maD. up of 16 people, 3 of whom left due to personal reasons and who were replaced by 3 new women, and today they have a full group.
Ms Delicia V. M. is the president of the group, has eight years of experience in the sales and promotion of cosmetics and hand weaves bags, purses, etc for eight hours a day. She has one small girl who is still in school. She is very responsible and polite and will not dissapoint Emprender with the opportunity she is given. She is also one of the founders and leaders of the group.
Ms Ruth Negri R. A. is the treasurer, has five years of experience in the sales of cosmetics and clothes, and works six days a week for eight hours a day. Her work is largely done outsiD. of her home, as a traveling salesperson. Her dream is to continue working with Emprender and one day become director of a group of cosmetic promoters. She is very responsible and polite and is pleased with the opportunity provided by teh group and will not disappoint. She has five children who are in school and with the profits she is able to support her home.

In this group: Delicia, Raquel, Asunta, Pedro Antonio, Ruth Negri, Lucia, Graciela, Aida, Matilde, Carmen Enriqueta, María Antonia, Asunta, Carmen*, Leizy, Edith, Nieves*
*not pictured

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Translated from Spanish by Kiva volunteer Chloé Tuot

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