A loan of $3,075 helped a member to buy wool and yarn for her weaving business.

Conquistadoras Group's story

The communal bank Conquistadoras will begin its third cycle with Pro Mujer as part of the Centro Focal de Los Andes. They have eight members and are headed by a board with María as president. The businesses that the members of the communal bank have are varied and among them are: selling toys, weaving sweaters and blankets, macramé blankets, grocery stores, and crafts.

The loans they are taking out will benefit the small micro-entrepreneurs where María is a member. She says that she has two cycles as a member of Pro Mujer, joining through the invitation from a friend that is a member of the institution. Currently she has a weaving business, and discloses that she learned this business in order to help her family, later starting her own business with a small amount of capital.

The loan that she is taking out now is to increase her capital (to buy wool and yarn) to buy from the suppliers in the city of El Alto and later to make and sell in different departments of Bolivia. This way of working allows her to earn income in order to support her family as much as she can, as she is a widow with four children.

When asked what she likes about Pro Mujer, she says that she likes the training and the savings.

In this group: Maria Cleofe, Veronica Laura, Alicia , Ines , Ines, Rosmery, Hilaria, Nelida

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Translated from Spanish by Kiva volunteer Gail LeGrand

Loan details

Lenders and lending teams

Loan details