A loan of $2,075 helped a member to buy rice, sugar, noodles, and other products.

Nuevo Amanecer Group's story

The Communal Bank “Nuevo Amanecer” (New Dawn) is starting its first loan cycle with Pro Mujer as part of the Santiago II Community Center. The group consists of eight members and is led by a Board of Directors headed by Sra. Margarita. The members of the Communal Bank engage in different businesses in order to get ahead such as making handcrafted shoes, operating a neighborhood store, selling Herbalife products, driving a minibus, hairdressing, managing an Internet café, and selling movies.

Sra. Margarita said that this is the first time she has worked with Pro Mujer. She joined the organization after being invited by friends who wanted to start a group. Margarita currently manages a neighborhood store that she established three years ago. She learned this trade from her parents.

The loan she is receiving now will be used to increase her capital for buying rice, sugar, noodles, and other products. She buys her merchandise from a distributor in the neighborhood of La Ceja and sells in the same area. Working in this manner enables her to generate income to support her family as much as possible. Margarita is single and has one child.

When asked what she likes about Pro Mujer, Margarita said she enjoys the constant availability of training seminars.

In this group: Margarita Marisol , Janneth, Noemi Adelaida, Miguelina , Eugenia Elena, Sonia Geanette, Reyna Maria, Patricia

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details