A loan of $6,175 helped a member to buy sugar, rice, noodles, etc.

Esperanza 2006 Group's story

The “Esperanza 2006” (Hope 2006) communal bank will start the 15th cycle in Pro Mujer as part of the Los Andes Focal Center. It has 12 members led by a governing board headed by Inés, the President. The members of the communal bank are in a variety of businesses among which we have: construction worker, ‘salchipapas’ [fried potatoes with fried sausages] stand, clothes sales, grocery sales, seedlings sales, plastics sales, photocopying services, neighborhood store, furniture sales, glove sales, minibus attendant and shoe sales.

Inés indicates that she’s been in Pro Mujer for 11 cycles having joined thanks to an invitation from a girlfriend who is a client of the institution. She currently has a grocery store that she started years ago distributing sugar; later on she set up space for her sales.

The loan she’ll take out now is to expand her merchandise. She will buy sugar, rice, noodles, etc. from suppliers in the city of El Alto that she’ll subsequently resell in street markets in the city of El Alto. This way of working allows her to generate income to support her family as well as possible since she’s single and has six children.

When asked what she likes about Pro Mujer, she answers that she likes the health training and the credit.

In this group: Ines Martha, Carmen, Silvia Alejandra, Marias , Karen Fabiola, Mamerta Maximo, Lucia Julia, Pamela Guadaluape , Elena , Tomasa , Huallpa Ruth, Victoria

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Translated from Spanish by Kiva volunteer Polliz

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Lenders and lending teams

Loan details