Today, get an extra $25 to lend when you make your first Kiva loan.
Total loan: $4,200
El Alto, La Paz Department, Bolivia / Food
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Lider Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase potatoes in bulk.
Lider Group's story
The "Lider" communal bank with begin its fifth loan cycles with Pro Mujer, as part of the Centro Focal de Santiago II. It is made up of ten members and is led by officers of whom Margarita is the president. The businesses that the communal bank members carry out are varied and include a transportation service, machine knitting of vests, flowerpot sales, food and juice sales, perfume sales, internet services, school supply sales, blanket and knitting sales, salchipapas (hot dog and fries) sales, and cleaning supply sales. The loan that they will take out will benefit the small microenterprises of which Margarita is part. She says that she joined Pro Mujer two years ago, joining at the invitation of a friend who is a client of the institution. Currently she has a business making and selling salchipapas (Bolivian food). She says that she undertook this business at her own initiative, upon seeing that the product didn't exist in her area but was desired by her neighbors. The loan that she is now taking out is to increase her capital (purchase potatoes in bulk) that she will acquire from the wholesalers in the city of El Alto and, after preparing them, will sell them in her retail space. This type of work permits her to generate resources to economically support her family, since she lives in a common-law marriage and has two children. When asked what she likes about Pro Mujer, she answers that she likes the savings program that the institution offers. In the picture, one of the women is not present. She was in the medical clinic.