A loan of $3,575 helped a member to buy wool.


Cariñito Group's story

The communal bank “Cariñito” is starting its first loan cycle with the organization Pro Mujer. They are working with one of the organization's regional offices in Santiago. The group is comprised of 11 members and is led by a board of directors, whose president is Victoriana. The members are engaged in a variety of businesses, including: - Selling cosmetics, purses, vegetables - Selling roasted and toasted peanuts - Making baby clothes - Preparation of accounting documents - A beauty salon - An internet cafe - A chauffeur business The loan will benefit these small business owners, one of whom is Victoriana. She reports that she joined Pro Mujer three years ago, joining a group that one of her friends was in. Currently she has a business making baby clothes, using a knitting machine. She says that she learned this business from her mother over the course of several years and supported her mother in her business. Eventually her mother passed the business down to her. The loan she is seeking is to buy wool. She will buy this wool at the border of Bolivia and Peru. After she makes the clothing she will sell it to retailers. This form of work allows her to earn income to support her family; she is single and has a son. When she was asked what she likes about Pro Mujer, she responded that she likes the attention and the training in the areas of health and finance. Note: for personal reasons, neither Sonia nor Santos appear in the photo.

In this group: Victoriana Soledad, Ruth Felisa, Benita, Santos Aolfo*, Gladys, Jimena, Andrea, Sonia *, Andrea Antonia, Elizabeth, Eugenia
*not pictured

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Translated from Spanish by Kiva volunteer Kevin Bohnert


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Loan details