A loan of $4,550 helped a member to buy a fishing net.

Santiago Group's story

The communal bank "SANTIAGO" will begin their second loan cycle in Pro Mujer, as part of the regional office of Copacabana. It is comprised of 10 members and it is led by a board of directors with Mary serving as the President. The members carry out a variety of business activities such as fish sales, cheese sales, running a neighborhood store, and selling straw.

The loan that they will take out will benefit small business owners such as the member Mary. She says that she has been a part of Pro Mujer for two years. She joined by invitation from a promoter of the institution who visited her at home. Currently, she has a fish business; she says that she learned this trade from her parents, and when she got married, she began her own business venture.

The loan that she will presently take out will be to improve her equipment. She will buy a fishing net from one of the fairs in the city of El Alto. Afterwards, she will use it in her job. This form of employment allows her to generate resources to maintain her family since she is married and has four children.

When asked what she likes most about Pro Mujer, she answered that she likes the savings.

In this group: Mary, Simon Alberto , Olivia , Olga Veronica, Rosalia , Norah , Bertha Olga, Elena , Zenon , Isawara

Translated from Spanish by Kiva volunteer Jeremy Orloski

Loan details

Lenders and lending teams

Loan details