Total loan: $4,175

Poderoso Imperial Group

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El Alto, La Paz Department, Bolivia / Food

Poderoso Imperial Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to purchase pasancalla (a sweet Bolivian food made of puffed corn) in bulk.

Poderoso Imperial Group's story

The "Poderoso Imperial" communal bank will begin its fifth loan cycle with Pro Mujer, as part of the Centro Focal de Santiago II, and is made up of nine members, led by officers of whom Verónica is the president. The businesses that the communal bank members carry out are varied and include beef sales, weaving blankets, construction assistant, knitting hats, plastic goods sales, locksmith shop, and pasancalla sales. The loan that they will take out will benefit the small microenterprises of which Verónica is part. She said that three years ago, she joined Pro Mujer, joining at the invitation of a friend who is a member of the institution. Currently she has a business selling pasancalla (Bolivian sweet cereal). She says that she began this business at her own initiative with her first loan that she got from Pro Mujer. The loan that she is now taking out is to increase her capital (purchase pasancalla in bulk) that she will acquire from the wholesalers in the city of El Alto and later will sell it 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 responds that she likes the savings program that the institution offers.