A loan of $1,600 helped a member to buy fishing nets.

Rey De Reyes Group's story

The “Rey de Reyes” (King of Kings) communal bank will start its first cycle in Pro Mujer as part of the Villa Adela Focal Center. It has six members led by a governing board headed by Teófila, President. The communal bank members are in a variety of businesses among which we have the sale of natural medicines, raw fish sales, knitting and selling sweaters, Broasted chicken sales, veil and shawl knitting and Herbalife sales.

The loan they’ll take out will benefit small micro businesses. Teófila’s is one of them and she indicates that this is the second time she’s joined Pro Mujer having been invited by one of the institution’s promoters who visited her at home. She currently sells raw fish. She relates that she acquired this business from her parents since she was a girl; they are fishermen.

The loan she’ll take out now is to increase capital. She will buy fishing net in the city of El Alto’s street market that she’ll then adjust for her work. This way of working allows her to generate income needed to support her family the best way possible since she’s single and has three children. When asked what she likes about Pro Mujer, she answers that she likes the disbursements.

In this group: Teofila Esaura, Ana Maria, Yola, Tiburcia, Diese Andrea, Geovanna

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details