A loan of $1,975 helped a member to purchase rice, oil, and flour.

Sol Naciente Group's story

The communal bank Sol Naciente is starting its tenth cycle with Pro Mujer. Belonging to the regional hub of Collpani, it comprises seven members and is managed by a Board of Directors where Marisol is President. The members of this communal bank run a variety of businesses, such as a neighborhood store, building furniture, selling blankets, selling vegeatbles, a beauty salon, a minimart, and selling animal feed.

The loan they are taking out will benefit small microentrepreneurs. Marisol is a member of this group and says she joined Pro Mujer five years ago through a friend and fellow member of the institution who invited her. She currently has a neighborhood store and tells us she decided to start her business several years ago on her own initiative.

The loan she is currently taking out is to increase capital by purchasing rice, oil, and flour from distributing companies so that she can later sell them at her business location. This way of working allows her to generate resources to support her family as far as possible, since she is in a common-law marriage and has two children.

When asked what she likes about Pro Mujer, she says she enjoys the trainings regarding loans and health.

In this group: Marisol , Sonia , Esther, Judith, Jehnny, Elizabeth Jhannet, Sandra

Translated from Spanish by Kiva volunteer Mariana Sanchis

Loan details

Lenders and lending teams

Loan details