A loan of $1,925 helped a member to buy a meat cutter and a refrigerator.

Vicuñitas 5K Group's story

Communal bank ”Vicuñitas 5K” will start its first cycle with Pro Mujer, as a part of Villa Adela’s regional office. The group is composed of eight members and directed by a board, in which Mrs. Benita is the president. The members perform different lines of work, like blanket knitting, plastic ware sales, sport ware sewing, grocery stores, sweater knitting, vegetable sales and clothes sales.

This loan will help small entrepreneurs like Mrs. Benita. She says this is the first time she is a member of Pro Mujer. She joined invited by one of the institution’s promoters who visited her at home. She currently has a grocery store, something she learned from her neighbors, which were role models for her to open the business.

Mrs. Benita will use the loan to increase her working capital. She will buy a meat cutter and a refrigerator from one of the wholesalers in the city of El Alto. After installing them in her establishment, she will be able to offer a wider variety. This activity helps her to generate enough income to support her family. She lives in a common-law marriage and has four children.

When she is asked what she likes about Pro Mujer, she says that she likes group loans that are accessible through communal banks.

In this group: Benita Rogelia, Valentina, Reveca, Juanita, Luisa , Pamela, Martha , Filomena

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Translated from Spanish by Kiva volunteer Santiago Mejía Dugand

Loan details

Lenders and lending teams

Loan details