A loan of $4,075 helped a member to buy cosmetics.

Ingenio Vecinal Group's story

The “INGENIO VECINAL” communal bank will begin its eighteenth cycle in Pro Mujer as part of the Centro Focal de Cascada. It is made up of eight members and is directed by a board of directors of which Yamila is the secretary. The businesses which the members of the communal bank run are varied and include: a local shop, selling cosmetics, selling pork cracklings, promoting sales, selling school materials and silk screen printing.

The loan which they will receive will benefit the group of small businesswomen to which Yamila belongs. She says that she has been a member of Pro Mujer for four years, joining on invitation by a promoter of the institution who visited her at her home. She currently has a business selling cosmetics; she says that she learnt this business from her mother and her friends who had this kind of business, and later decided to start up on her own.

The loan which she will now receive is to increase her capital (buying cosmetic products) which she will acquire from distributors in the city of El Alto and which she will later sell to her friends and relatives. This way of working allows her to generate resources in order to support her family as best she can.

When asked what she liked about Pro Mujer, she said that she likes to get to know her fellow members and share things with them.

In this group: Clara Nieves, Maria , Casilda , Margarita, Monica , Rosmery Blanca, Juana, Yamila

Translated from Spanish by Kiva volunteer Eleanor Staniforth

Loan details

Lenders and lending teams

Loan details