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Aug 2, 2016 8:56 AM ET

Archived: Bolivia – Doña Vicki Group: A loan of $4,475 helps a member to buy noodles and rice at wholesale.

iCrowdNewswire - Aug 2, 2016

Doña Vicki Group

Borrower image

Doña Vicki Group’s story

The communal bank called “Doña Vicki” will start its first cycle with Pro Mujer as part of the Los Andes Regional Office. The group is made up of eight members and is run by a board of directors of which Victoria is the president.

The loan they will take out will benefit micro-entrepreneurs such as Victoria. She currently has a business selling food and she states that she learned this business from a friend six years ago. She will use the money from the loan to buy noodles and rice at wholesale from wholesalers in the city of La Paz. She will then sell it at her sales stall. This type of work allows her to generate resources to support her family financially, as she is single and has three children.

In this group: Victoria, Veronica , Patricia, Luis Mario, Vanessa, Ofelia, Jhovanna, Mary Isabel
*not pictured 

Translated from Spanish by Kiva volunteer marcia margolis View original language description 

This loan is special because:

It empowers women through group lending.

A loan of $4,475 helps a member to buy noodles and rice at wholesale.

Contact Information:

Doña Vicki Group

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