A loan of $2,725 helped a member to buy kitchen utensils.

Las Palmeras Group's story

The “PALMERAS” Communal Bank is starting its first cycle with Pro Mujer as part of the Los Andes central office. There are eight members and the group is governed by a board of directors of whom Señora María Eugenia is the president. The members' businesses are varied and include: plastics sales, basket sales, traditional clothing sales, kitchen utensil sales, vegetable sales, dustpan sales, and making french fries.
This loan will benefit these businesspeople. María Eugenia tells is that this is the first time she has worked with Pro Mujer. She joined at the invitation of some friends who were already members. She has a business selling kitchen utensils. This business has been in her family for years.
She will use this loan for an increase of working capital (the purchase of kitchen utensils). She will buy these products from the wholesale stores and later sell them from her storefront. This work allows her to generate an income to support her family. She is in a common-law marriage and has two children.
When asked what she likes about Pro Mujer, she replied that she likes the loans.

In this group: Maria Eugenia, Maria Elizabeth, Rogelia , Juana Mary , Virginia , Celia , Elizabeth Rosmeri , Rita

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Translated from Spanish by Kiva volunteer Christine Cooper

Loan details

Lenders and lending teams

Loan details