A loan helped a member to provide additional working capital.

Villa Asuncion Rb Group's story

The Communal Bank called “05 Villa Asunción” is from the municipality of Pocoata. It is attached to the Challapata branch of Pro Mujer and is made up of 10 members. They are all friends and neighbours from the same community, organised by a board of directors:
Zenaida is The President seen in the middle of the picture wearing a khaki coloured hat.
Lizbeth is the Treasurer, she is dressed in black with her feet crossed.
Norma is the Secretary , she is wearing red trousers and a black waistcoat.
The female borrower has 3 children. She has a shop selling jelly and different flavoured soft drinks. She has been in this business for 10 years. She will use the loan that she has received to invest in her shop selling soft drinks and for the future in order to have a big shop where she can accommodate more customers . Her dream for her customers is to have a shop in a large neighborhood. This will bring her financial stability and allow her children who are studying in Sucre to become professionals. This is her great aspiration.
Note: Only 3 people appear in the picture due to the health and safety measures.

In this group: Reina, Norma, Ancelma, Ever, Zenaida, Horacio, Virginia, Juvenal , Lizbeth, Roxana

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Translated from Spanish by Kiva volunteer Nic Couldrey.

This loan is special because:

It empowers women through group lending.

Loan details

Lenders and lending teams

Loan details