A loan of $3,475 helped a member to buy iron.

9 De Noviembre Group's story

The November 9th Communal Bank is starting its third loan cycle with Pro Mujer as part of the Germán Busch Community Center. This group consists of eight members and is led by a Board of Directors headed by Sra. Carmen as its president. The members of this Communal Bank engage in different businesses such as making woven sweaters, buying and selling spare parts, selling used furniture, selling food, selling scrap metal, selling fruit, metal work, and selling jackets and shirts.

This loan will benefit small micro-entrepreneurs, such as Sra. Carmen who is one of the members. She says that she joined Pro Mujer eight years ago after receiving an invitation from an aunt who also participates in a Communal Bank. At the moment, Carmen operates a metal shop. She learned this trade years ago from one of her relatives.

The loan she is receiving now will increase her capital for purchasing iron. She acquires her supplies from hardware shops and then makes the products that she sells from her retail space. Working in this manner enables her to generate the income she needs to support her family financially. Carmen is married and has two children.

When asked what she likes about Pro Mujer, Carmen said that she enjoys the seminars given by the consultants and the health classes.

In this group: Carmen , Genoveva, Ana Balbina , Margarita Eliana, Miriam , Lidia , Gualbertina, Mery

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details