A loan of $1,700 helped a member to buy furniture to sell.

Promesa Group's story

The communal bank "Promesa" will start its first loan cycle with Pro Mujer, working out of the Germán Busch central office. This group has 7 members, and is led by a board of directors headed by Eva. The members of this communal bank have a variety of businesses, such as: a grocery store, selling furniture, knitting caps, selling children's books, knitting blankets, selling clothing, and making and selling rattles.

Eva says that this is the first time that she has worked with Pro Mujer. She joined the institution at the invitation of a loan officer. She currently has a business buying and selling used furniture. She's been doing this work for years, and she learned the trade from her friend.

The loan that she will take now will be used to increase her capital, so that she can buy furniture in La Paz, and later sell it in the markets. This type of work allows her to generate resources to support her family. She is married and has 4 children.

In this group: Eva, Acencia , Yhoselyn, Mery , Benita Maria, Dionicia , Pascuala

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Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

Lenders and lending teams

Loan details