A loan of $3,250 helped a member to buy flour.

Fenix Group's story

The communal bank “FENIX” started its first cycle in Pro Mujer in the Juan Pablo neighborhood center. It has nine members and is run by a board led by Monica.
The members have various types of businesses such as:crocheting lingerie, knitting jackets, knitting sweaters, selling salteñas (meat filled pastries), making sweaters, selling detergents, cheese, clothing, salchipapa (fried meat and potatoes), and mobile phones.

Monica says she started the communal association in Pro Mujer a year ago by inviting her friends. She now has a business making and selling salteñas and tucumanas (meat filled pastries) that her parents taught her and she has done for years.

She will use the loan to buy flour, and basic ingredients to make the food: after she prepares it, she will market it where she sells. The business will help her support her family since she lives with her partner and they have a son.

When asked what she likes about Pro Mujer, she says that she likes the training in health and finances.

In this group: Mmonica Matilde, Laura Angélica, Juana, Casimira, Adela, Delia, Benedicta, Betty, Gladys

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Translated from Spanish by Kiva volunteer Miriam Palacio

Loan details

Lenders and lending teams

Loan details