A loan of $2,175 helped a member to purchase merchandise.


Formidables Group's story

The “FORMIDABLES” Communal Bank will begin its first round in Pro Mujer, it will be part of Focal de Los Andes Centre, and it is a very enthusiastic group. It is comprised of 9 women and 1 man. The businesses that they run are diverse, among them: movie DVD sales, toy sales, book sales, a grocery store, domestic electrical goods sales and a nursing service.

The Bank has a board of directors that is comprised of their President, Lucia, their Treasurer, Rosario and Sra María del Carmen as Secretary.

Lucia, the president of the communal bank, reports that she lives with her partner and is a mother to three children. For just over the last six months her business has involved selling videos. She sells her wares 5 days a week by peddling at fairs in El Alto city, Zona de Rio Seco and Zona de 16 de Julio,

Lucia's requested loan will allow her to purchase merchandise.

When asked what it is that she likes about Pro Mujer, she replies the opportunity to share with her group and the savings.

In this group: Lucia Filomena, Rosario Dora, Sabino Rolando, Maria Del Carmen, Elis Regina, Jhovana, Rocio Ingrid, Angela

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Translated from Spanish by Kiva volunteer Caroline Reiss


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Loan details