A loan of $3,175 helped a member to buy wool in large quantity.

Nueva Vision Group's story

The communal bank 'Nueva Visión' [New Vision] will start it's first cycle in 'Pro Mujer' as part of the 'Centro Focal de Santiago II'. The group is made up of thirteen members and has a governing board which is led by Teodora. The members of the group have a variety of businesses, including: selling panty hose, shoe making, selling drinks, selling underwear, weaving and selling blankets.

Teodora told us that she just recently became a member of the communal bank. She has a business weaving and selling blankets which she has been doing for many years. She learned the business from her neighbor. The loan from this cycle is to expand her business, which she will do by buying wool at wholesale. She buys her wool from the market in El Alto and later uses it to weave products which she sells from her store front. This allows her to support her family; she is married with five children.

When asked what she likes about 'Pro Mujer' she says she likes the trainings that focus on health and loans.

Not pictured is Emilia, she had an appointment when the picture was taken.

In this group: Teodora, Claudina, Primitiva, Lidia, Candelaria, William , Rosemary Julia, Emilia*, Rosmery, Lourdes, Exalta, Flora, Lidia
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Tricia Kell

Loan details

Lenders and lending teams

Loan details