Industrial Group

In one of Pro Mujer's Panamerican centers, you will find the communal bank, "Industrial." They have been together for approximately three years, and they are led by their president, Valentina Laime. They formed their group because of their need for more working capital and to improve their business. They weave by machine; make furniture; and sell food, drinks, potatoes, and clothing. They need this loan to buy supplies such as wool, wood, and merchandise that will let them have more variety to sell to their customers.

Translated from Spanish by Tanya Harper, Kiva Volunteer

En uno de los Centros Focales de Pro Mujer “Panamericana” se encuentra la Asociación Comunal “Industrial”, están juntas hace 3 años aproximadamente, liderizadas por su presidenta Valentina Laime, se agruparon por la necesidad de contar con mayor capital de trabajo y mejorar sus negocios.
Tejido a máquina, elaboración de muebles, venta de comida, refresco, papa y ropa son los negocios de las integrantes del grupo “Industrial” y requieren el préstamo para comprar materia prima como lana, madera y mercadería que les permita tener productos variados que ofertar a sus clientes.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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