A loan of $2,225 helped a member to buy rice, beer and telephone airtime cards.

Machac Qhantati Group's story

The “Machac Qhantati” communal bank will start its first cycle in Pro Mujer as part of the Copacabana Focal Center. It has 8 members led by a governing board presided over by Nancy. The members of the communal bank carry out a variety of businesses among which are dairy, traditional skirt sewing, soft-drink store, cheese sales, grocery store, driver.

The loan they’ll take out will benefit small, micro businesswomen with various lines of work. Nancy is one of them. She says this is the first time she’s joined the institution having been invited by a girlfriend who is a member of the institution. She currently has a grocery store, a business she learned by working previously in a store and then deciding to open her own business.

The loan she’ll take out is to diversify her business. She will buy grocery items, beer and mobile phone airtime cards from suppliers and then sell them in her store. This way of working makes it possible for her to generate resources to support her family as possible since she’s single and has three children. When asked what she likes about Pro Mujer, she answers that she likes the savings.

In this group: Nancy Virginia, Rogelia, Zenobia Wilma, Jhonny Franz, Irene, Matias, Erika Otilia, Luis Guillermo

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details