Funded

Total loan: $3,025
Powered by 98 lenders

Armada Boliviana Group

Bolivia
La Paz / El Alto, Bolivia / Clothing Sales

A loan of $3,025 helped a member to buy clothes.


Armada Boliviana Group's story

The “Armada Boliviana” communal bank will start its tenth cycle in Pro Mujer as part of the Los Andes Focal Center. It has 12 members led by a governing board presided by Nieves. The communal bank members carry out a variety of businesses among which are hat sales, soft-drink sales, jacket sales, clothes sales, knitted crafts, bookbinding, perfume and cosmetics sales, fuel sales, backpack sales, cheese sales and grocery sales. The loan they’ll take out will benefit small micro businesswomen.

Nieves is a member and she indicates that she’s been part of Pro Mujer for 8 years having joined thanks to an invitation from a girlfriend who is a member of the institution. She has a business selling clothes she says she started 8 years ago with the loan she got from Pro Mujer. Her business has grown to date but because the Christmas season is about to start she must have more capital.

The loan she’ll take out now is to increase capital. She will buy clothes from wholesalers and then resell it in her shop. This way of working allows her to generate income to support her family since she’s married and has 8 children. When asked what she likes about Pro Mujer, she answers that she likes the credit training and the health services.

Sabina does not appear in the photo because she stood too far back and all that’s visible is her hat.

In this group: Nieves, Rocio Nancy, Luisa Antonia, Jessica, Vicente Rene, Herminia , Gerónima , Beatriz Nancy, Verónica, Sabina *, Gloria Nieves, Teodora
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

9 months
Disbursed date: November 8, 2012
Facilitated by Field Partner: Fundación Pro Mujer

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: November 8, 2012
Facilitated by Field Partner: Fundación Pro Mujer