A loan of $3,175 helped a member to purchase rice, noodles, oil, etc.

Porteñitas De Lanza Group's story

“Porteñitas de Lanza” is a Communal Bank that will start its third cycle with Pro Mujer as part of the Copacabana Community Center. It is composed of sixteen members, guided by a directive board presided over by Elena. The members of the Communal Bank engage in different activities such as selling soft drinks and snacks, selling food, selling phone cards, selling bread and selling aprons.

Elena is one of the micro entrepreneurs forming this group, and she will benefit from the requested loan. Elena says this is the first time she enters Pro Mujer, having been invited by a promoter of the institution who has come to visit her. She currently runs a food selling activity, and she told us she has learned this many years ago and that she has inherited her food stall from her mother, who had previously been engaged in the same activity.

The loan she is now requesting will be used to increase her working capital by buying rice, noodles and oil. She will buy these items from wholesale retailers in the town of El Alto, to then prepare food to sell in her stall. This type of activity helps her earning an income to economically support her household as much as she can, as she is single and she has a son.

When asked about what she likes of Pro Mujer, she answers that she like the savings.

In this group: Elena, Concepciion Cornelia , Silvia Eugenia, Luis Angel , Balvina , Tania Nancy, Luis Fernando, Ivonne Patricia, Sonia Vicenta, Gregoria, Martha, Gladys Janeth, Ximena Flora, Juana, Maria , Elsa

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Translated from Spanish by Kiva volunteer Emanuela Villa

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