A loan of $1,975 helped a member to buy leather.

Cooperativa Group's story

The “COOPERATIVA” communal bank will start the sixth loan cycle in Pro Mujer, as the Panamericana Regional Hub. It is made up of eight members and is run by a governing board where Jacinta is the President. The businesses that the members of the communal bank carry out are varied, among which: sale of fruits, sale of cords and twines, sale of sportswear, plaiting of blankets, sale of rope, blanket handicrafts and an Internet store.

The loan will serve to benefit the micro entrepreneurs where Jacinta is a member. Jacinta says that she entered Pro Mujer two years ago at the invitation of an institute promoter who visited her at her home. She currently has a business sewing hats, and she recounts how she started it many years ago, learning the trade from her husband who worked in this business, and to expand it, she decided to participate too.

The loan which she will now obtain is to increase capital (to buy leather) which she will procure from wholesalers and subsequently sell the manufactured goods in her sales space. This manner of working enables her to generate resources to support her family as far as possible as she is married and has two girls.

When asked what it is she likes about Pro Mujer, Jacinta answers that she likes the savings.

In this group: Jacinta , Susana, Aurora , Ceferina, Norbertha, Elena Joaquina, Andrea, Martina

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Translated from Spanish by Kiva volunteer Severine

Loan details

Lenders and lending teams

Loan details