A loan of $1,750 helped a member to purchase wool and a spinning machine.

Hormiguitas De Palcoco Group's story

The Communal Bank “Hormiguitas de Palcoco” (Little Ants of Palcoco) is starting its eleventh loan with Pro Mujer as part of the Panamericana Community Center. This group consists of eight members who are led by a Board of Directors headed by Sra. Angélica, who is the president. The members of this Communal Bank engage in different businesses to get ahead such as managing a neighborhood store, selling bedspreads, selling food, selling beer, selling eggs, and selling meat.

Sra. Angélica says that this is the first time she has worked with Pro Mujer. She joined the organization after being invited by a local promoter. Angélica currently has a business making and selling “tullmas” (decorations for the pleats on women’s skirts) for 10 years. She learned this skill from her mother.

The loan she is receiving will be used to increase her capital for buying wool and a spinning machine that she will acquire at the July 16th fair so that she can make her products to sell at the community fairs. Working in this manner has enabled her to generate income to support her family. Angélica is single and has two children.

When asked what she likes about Pro Mujer, Angélica said that she enjoys the health classes and the loans.

In this group: Angelica, Maria Elena, Julia , Ruth, Lucy, Luz Esperanza, Ruth Ana , Antonia

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details