A loan of $2,025 helped a member pay for sewing machine repairs.

Arco Iris Group's story

The “Arco Iris” (Rainbow) Communal Bank is starting its first loan cycle with Pro Mujer as part of the Villa Exaltación Community Center. This is a new group that was formed so that it could receive credit services, training, and health care. The group consists of eight members who are involved in various business such as selling beds, selling construction materials, operating a neighborhood store, manufacturing shirts, sewing, operating a butcher shop, selling potatoes, selling soft drinks, and masonry and construction.

Sra. Antonia is the president of the Communal Bank. She says she joined the “Arco Iris” Communal Bank because of an invitation she received from the promoters of Pro Mujer who came to her area to raise awareness of the credit, training, and health services. Sra. Antonia learned to sew as a young woman by working at a factory. She currently produces women’s formal wear, but now receives orders for traditional clothing. The loan she is requesting will be used to repair her sewing machine.

When asked what she likes about Pro Mujer, Antonia said she enjoys the savings and the ability to share with her group.

In this group: Antonia, Domitilia, Julieta, Vilma, Emiliana, Luisa, Genaro, Inesa

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details