Funded

Total loan: $3,700
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Fortalecimiento Group

Bolivia
Bolivia / Services

A loan of $3,700 helped a member capital to purchase merchandise and supplies for their respective businesses.


Fortalecimiento Group's story

The members of the Communal Bank “Fortalecimiento” have as a representative Veronica who has relatives within the group but this is not a problem as each of the families is economically independent. The members have different commercial business and services, such as selling cosmetics, groceries, food, beauty salon, sewing, and public transportation. As with all business there exists competition and customer demand. The loan will be used to increase merchandise and buy tools and supplies needed for their work. The members say that they have worked with support groups, a majority of the members have worked in agrocapital groups and they know how these community groups function.

In this group: Veronica, Maria Eugenia, Albania, Maria Selva, Rosario, Edwin, Karen Dayany, Maribel, Viviana, Ingrid, Ruth, Lourdes Barbara, Celestina, Carmen Rosa*, Jiovanna, Meliza Gilber
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Cindy Kendall


Loan details

Loan length:

8 months
Disbursed date: October 30, 2008
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 30, 2008
Facilitated by Field Partner: Fundación AgroCapital, a partner of ACDI/VOCA