A loan of $3,875 helped a member to buy machinery.

Hormiguitas Group's story

The "Hormiguitas" Communal Bank will begin its ninth cycle with Pro Mujer, as part of the Germán Busch regional office. The bank is made up of ten members and is run by a board of directors, of which Faustina is president. The businesses which the bank's members run are varied. Among them are the sale of food, condiments, school supplies, toys, and CDs, as well as knitting legwarmers, making centerpieces, tailoring, and carpentry.

The requested loan will benefit small business owners in the bank of which Faustina is a member. She joined Pro Mujer nine years ago, through the invitation of a relative who is a partner of the institution. She currently has a carpentry business. She says that she launched this business ten years ago along with her family, but later she decided to develop the business independently.

The loan which she will take out is for equipment (the purchase of machinery), which she will obtain from distribution companies and implement in her business, in order to make her products. This line of work allows her to generate an income to support her family financially, since she is married with three children.

When asked what she likes about Pro Mujer, she said that she likes the loans and the advice from the institution.

Note: Toribia does not appear in the photo because she was at a medical appointment.

In this group: Faustina, Elizabeth, Mery, Lizette Carminia, Toribia, Elsa Elena*, Enriqueta, Isabel, Silvia Eugenia, Francisca
*not pictured

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Translated from Spanish by Kiva volunteer Amy Volz

Loan details

Lenders and lending teams

Loan details