A loan of $2,525 helped a member buy wood to sell.


Flor Group's story

The “Flower” Communal Bank is initiating its 1st loan cycle with Pro Mujer, affiliated with the Local Office in Villa Adela. The bank is composed of 8 members and is led by a governing board with Mrs. Eldy as President. The businesses that the communal association's members carry forward are varied. Among them are selling wood, mattresses, blankets, rugs, sweaters, recycled materials, scrap iron, and, also, operating a neighborhood store. The loan they request will benefit the small micro-enterprises of Eldy's bank colleagues. She says this is the 1st time they have joined Pro Mujer, entering at the invitation of her friend who is a member of the institution. At present, she has a business selling wood. She relates that she learned the business from her parents many years ago, and later, to become independent, she began her own business. The loan she now seeks is to increase her capital for buying wood, which she will purchase in communities of the department of La Paz and, later, sell from her commercial space in the city of El Alto. This type of work permits her to generate resources to help her family as much as possible. She lives in a common law union with 2 children. When asked what she likes about Pro Mujer, Eldy responded that she likes the loans, the training, and the health care.

In this group: Eldy , Yoselyn Yenny, Maribel , Ignacia , Tania Teodora , Sindy , Danitza Fernanda, Victoria
*not pictured

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD


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Loan details