A loan of $3,600 helped a member to buy cosmetics.

Las Magníficas Group's story

The communal bank "LAS MAGNÍFICAS" will begin its third loan cycle through Pro Mujer at the social center in Cascada. The group is comprised of eight members and is led by a management team whose treasurer is Rita. The different sales activities carried out by the members include: fish, flower decoration, clothing, meat, bread and food.

The loan will help the group of entrepreneurs Rita is in. She joined Pro Mujer for the first time by invitation from a friend who is a member of the institution. Rita sells cosmetics to her friends and neighbors. She learned about the business from her sister-in-law who sells this type of product.

She plans to use the loan to increase her working capital to buy cosmetics from distributors and fill customer orders. Through her work she is able to earn an income to cover her household expenses. She is single and has five children.

When asked what she likes about Pro Mujer, she says she enjoys the health training area.

In this group: Cristina, Leonidas, Martha , Lucrecia, Rita , Gloria Ruth, Aurelia , Constancia Juliana

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Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details