A loan of $2,050 helped a member to buy flour, sugar, and ash.

Virgen Del Socabon Group's story

The "Virgen del Socabon" communal bank will begin its third cycle in Pro Mujer as part of the Villa Tejada regional office. It is made up of seven members and is directed by a board of directors, of which Fermina is the president. The businesses that the members of the communal bank run are varied, and include food sales, vegetable sales, machine weaving, and selling "silpancho" [a traditional Bolivian meal of beef, rice, and potatoes].

The loan that they will take out will benefit small-business owners like Fermina. She says that she became part of Por Mujer five years ago, joining on the invitation of a friend who is a member of the institution. Currently, she has a business selling "lejia," a sweet substance chewed along with coca leaves. She says that she started this business several years ago at the suggestion of her aunt, who was making this product. Later, she decided to open her own sales stall.

The loan that she will now take out will increase her capital for buying flour, sugar, and ash, which she will acquire in the street fairs of the city of El Alto; after making the product, she will sell it in her sales stall. This kind of work allows her to generate resources for maintaining her home as well as possible, as she is married and has two children.

When asked what she likes about Pro Mujer, she responds that she likes the training and sharing with her fellow members.

Lidia is not pictured in the photograph, as she had a doctor's appointment.

In this group: Fermina , Olga , Teresa, Felicidad, Lidia*, Prescila, Helga Jimena
*not pictured

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Translated from Spanish by Kiva volunteer Holly Torpey

Loan details

Lenders and lending teams

Loan details