A loan of $6,700 helps a member to buy cattle.

Hormiguitas Group's story

The “Hormiguitas" credit solidarity group is going to start its eighth cycle with Pro Mujer as part of the Copacabana regional hub. The group is made up of eight members and is led by a board of directors, with Carmen as president.

The loan that they are taking out will benefit small-time micro entrepreneurs such as Carmen. She currently has a business selling cheese. She shares that she learned this line of work on her own initiative a number of years ago.

The loan that she is now taking out will be to increase her working capital to buy cattle, which she will get from the wholesale vendors in the city of La Paz and then raise. This will serve as a means of production. This type of work allows her to generate income to support her family financially, because she is single and has a child.

In this group: Carmen, Valentin , Maria , Vicenta , Adelia, Maria , Justina, Agustin

Translated from Spanish by Kiva volunteer Patricia Patton

This loan is special because:

It empowers women through group lending.

Manon Genouille, Kiva staff

Manon Genouille
Kiva staff

Loan details

Lenders and lending teams

Repayment schedule

Loan details

Repayment schedule