Today, get an extra $25 to lend when you make your first Kiva loan.
Total loan: $4,850
El Alto, La Paz Department, Bolivia / Retail
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Cantalona Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy beer and soft drinks.
Cantalona Group's story
The "Cantaloma" communal bank will begin its third loan cycle with Pro Mujer as part of the Patacamaya regional office. It is composed of eight members, and led by a board of directors of which Amalia is the chair. The businesses that the members of the communal bank carry on are varied and include: cattle raising, neighborhood store, milk production, cheese production, production and sale of vegetables, and the making of shawls. The loan they will take out will benefit small business owners such as Amalia. She says that she joined Pro Mujer a year and four months ago, at the invitation of a field worker of the institution who came to visit her at her home. Currently she has a neighborhood store business, and indicates that she learned this business, seeing the need of her neighbors, and it seemed to her like an opportunity. The loan she will take out now is to increase her working capital through the purchase of beer and soft drinks. She will acquire these from the distributors, and later sell them at her shop. This form of work will allow her to generate income to support her household as much as she can, as she is married and has four children. When asked what she likes about Pro Mujer, she answers that she likes the savings program.