A loan of $1,975 helped a member to buy vegetables.

Bienvenidos Group's story

The "Bienvenida" communal bank will begin its first loan cycle with Pro Mujer, through the Panamericana regional office. It is made up of seven members, and is led by a board, of which Nelly is the secretary.

The businesses that the members of the communal bank carry on are varied, and include: weaving vicuña shawls, knitting sweaters, selling meat, selling vegetables, selling sweaters, and selling baby clothing.

The loan they will take will benefit small business owners such as Nelly. She says this is her first loan cycle as a member of Pro Mujer. She joined at the invitation of a field advisor of the institution, who came to visit her at her home. Currently she has a business selling vegetables. She says that this business was her mother's 64 years ago, and she continues to run it as a livelihood.

The loan she will now take out is for increasing her working capital through buying vegetables, which she will acquire from the wholesale merchants and later sell at her stall. This form of work allows her to generate financial resources for her family, as she is single and has a son.

When asked what she likes about Pro Mujer, she answers that she likes the health education.

In this group: Beatriz, Feliza , Nelly Corina, Elizabeth, Carmen , Yaneth Dionisia , Josefa

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Translated from Spanish by Kiva volunteer Jeff Goldie

Loan details

Lenders and lending teams

Loan details