A loan of $4,875 helped a member to buy clothing to sell.

18 De Octubre Group's story

The “18 de Octubre" communal bank will begin its fifth loan cycle in Pro Mujer, through the Villa Exaltación regional office. It is made up of eight members, and led by a board of directors, of which Jeaneth is the Secretary.

The businesses carried on by the members of the communal bank are varied, and include sale of fruit, sale of beer, weaving sweaters, sale of footwear, neighborhood store, general retail, sale of salchipapas (fast food dish made of hot dogs and potatoes), sale of cosmetics, and buying and selling stoves.

The loan they will take out will benefit people with small businesses, including Jeaneth. She says this is the first time she has been a part of Pro Mujer, joining at the invitation of her friend, who is a member of the institution.

Currently, she has a business selling clothing. She says that she started this business several years ago, through the encouragement of her parents.

The loan she will take out now is to increase her working capital by purchasing clothing, which she will buy from wholesalers and later sell at her stand. This form of work allows her to generate income for supporting her family as best she can, as she is in a common-law relationship and has two children.

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

In this group: Natalia, Jeaneth Susy, Carmen Rosa , Rosamary, Betty, Zulma Yuwana , Esther, Herminia

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Translated from Spanish by Kiva volunteer Jeff Goldie

Loan details

Lenders and lending teams

Loan details