A loan of $1,475 helped a member to buy wool.

Mineras Group's story

The “MINERAS” communal bank is initiating its first loan cycle with Pro Mujer, as part of the Alto Lima regional center. It is made up of six members and led by a board of directors, headed by Dionicia. The businesses carried out by the communal bank's members are varied, including: weaving blankets; selling comforters and curtains; weaving vests; making fringe for home decoration and curtains; and tailoring vests.

Dionicia reports that it is her first time working with Pro Mujer, and she joined the institution on the invitation of the promoters. Currently, she has a business weaving blankets; she has been working in this area for years.

The loan she is taking out now is to increase her capital (buying wool). She will acquire the wool from distributing agencies and use it to create her products, which are sold in response to orders. This way of working helps her support her family, since she lives in a common-law marriage and has four children.

In this group: Dionicia , Flora, Monica, Santusa, Maruja, Rebeca

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Translated from Spanish by Kiva volunteer Patricia Linderman

Loan details

Lenders and lending teams

Loan details