A loan of $1,550 helped a member to sell cheese.

Olivo Group's story

The Olivo communal bank will start its first cycle with Pro Mujer as part of the Achacachi regional office. The bank has eight members and is run by a board of directors. Margarita is the president. The businesses that the ladies are engaged in are varied and include: selling vegetables, buying and selling livestock, selling potatoes, selling cheese, and being a driver.

The loan they will take will help small businesswomen, where Margarita is a member, with different business activities. She says that this is her first time with Pro Mujer, and she joined by invitation from a representative of the institution, who went to Margarita’s house to visit with her.

Margarita currently has a business selling cheese. She set up this business with some savings that she had through the years. She has been working with this product ever since she started.

The loan she will now take is to increase capital (to buy a cow), which she will get wholesale from outlying communities. She will later raise the cow and sell it by order in the city of El Alto. This way of working allows her to generate resources to help, as much as possible, her household. She lives with her life partner, and she has four children.

When asked what she likes about Pro Mujer, she said she likes the training about health and loans.

Maria appears in the photograph dressed in black. Her mother accompanied the group.

In this group: Margarita, Leoncia, Natalia, Sandra, Santos Felipe, Cecilio, Teodora, Epifania

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details