A loan of $4,700 helped a member to increase working capitals and merchandise.

Mariposas Group's story

The Mariposas communal bank was founded on 22 July 2009 by initiative of a group of women who hA. small businesses and want to grow in their business. It is located in the 1ro D. Agosto neighborhood in the La Colorada zone. The group is in its second cycle, maD. up of 15 persons. As group president we hA. Lucinda. Mary Luz is treasurer. Clara is secretary. In the group are some women who sell costume jewelry, prepared meals, cosmetics, mocochinchi (A popular drink in Bolivia maD. form cooked dehydrated peaches), bread and pastry making. These activities require quick financing. The women are very happy to work with Emprender because they learn how to sA. and to be very responsible and respectful as well as sharing with their fellow members and neighbors every two weeks. This is Lucinda’s second term as president. She was born in Santa Cruz D. la Sierra. She sells groceries on credit among her neighbors and in adjacent neighborhoods. She cares for her two children, is a dynamic and friendly person. Besides, she is a responsible and polite person and this is why she was reelected group president. Group meetings are held in her house. She is one of the group leaders and sees that the other members meet their obligations. Her earnings help to support her household. Mary Luz is a long-standing member of the Mariposas communal bank. She is a baker, cook and sells catalogue cosmetics. Every day she rises at 3am to bake bread until 7am. Then, she continues with her cooking and, in her free time, visits her friends to offer her cosmetics. She has had the bakery for 6 years; she also does all the household chores. She is very responsible in the group and the opportunity that Emprender offers her is very important to her. The earnings she makes help to support her family. Her fellow members consider her to be responsible and polite. She is one of the group founders. Balbina is a member of the Mariposas communal bank. She sells women’s, men’s and children’s clothing on credit which she distributes to her customers in various companies and among her acquaintances in the neighborhood. She works at this from 1400 until 2200 hours. She was born on 30 March 1977 in the Cordillera D. Santa Cruz province. She has been in this line of work for 2 years. Her work, for the most part, consists in filling clothing orders for her customers. She is a group founding member and the opportunity that the Mariposas communal bank offers her is very important to her.

In this group: Balbina, Martha, Segundo Seferino, Carmen, Clara, Lucinda, Blanca Rosa, Dorys, Benita*, Joselito, Mary Luz, Roxana, Ana Paola, Maria Isabel, Carolina
*not pictured

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Translated from Spanish by Kiva volunteer Polliz

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