A loan of $1,925 helped a member to buy screws and tools.

Concentidas Group's story

The “Concentidas” (Pampered Ones) communal bank will start its 7th cycle in Pro Mujer as part of the Los Andes Focal Center. It has 8 members led by a governing board presided by Silveria. The members carry out a variety of business activities among which are candy sales, hardware, crafts, sewing, sweater knitting and blanket weaving.

The loan they’ll take out will benefit small, micro businesswomen with various lines of work. Silveria is one of the members and she indicates that she’s been in Pro Mujer for four years having joined thanks to an invitation from a girlfriend who is a member of the institution. She currently has a hardware store and she says she learned the business from her girlfriends.

The loan she’ll take out now is to increase capital. She will buy screws and tools from suppliers and then resell them in her shop. This way of working allows her to generate income to support her home however possible since she’s in a free union and has two children. When she’s asked what she likes about Pro Mujer, she answers that she likes the health services.

In this group: Silveria, Maria, Martha, Dorotea, Israilita, Angelica, Tomasa, Amalia

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details