A loan of $4,700 helped a member to buy fabric.

Illampu Group's story

The communal bank "ILLAMPU" will begin their fourth loan cycle in Pro Mujer as part of the Pan-American regional office. It is comprised of 11 members and is led by a board of directors with Martha serving as the President. The members carry out a variety of business activities, including selling sweaters, rug making, sewing traditional Andean skirts, sewing indigenous clothing, selling fruit, selling cheese, blanket knitting, food sales, alpaca wool knitting, making sportswear, and running a neighborhood store.

The loan that they will take out will benefit these small business owners such as the member Martha. She points out that this is the fourth loan cycle that she is a part of with Pro Mujer. She joined by an invitation from her neighbor who is a member of the institution. Currently, she has a small business of sewing traditional Andean skirts. She tells us that she learned this trade from a previous job that she had in her sister-in-law's workshop. Afterwards, she decided to open up her own work space.

The loan that she will presently take out is to increase capital. She will buy fabric from fairs in the city of La Paz, and then she will sells what she makes with it by order. This form of employment allows her to generate resources to maintain her home the best way possible since she is a widow and has three children.

In this group: Martha , Teresa Marina , Luisa , Antonia , Serapia , Julia , Francisca, Isabel Asunta, Victoria, Veronica , Magnecia

Translated from Spanish by Kiva volunteer Jeremy Orloski

Loan details

Lenders and lending teams

Loan details