A loan of $4,400 helped a member to buy wool and a double machine.


Flor De Rosas Group's story

The “FLOR DE ROSAS” communal bank will begin its fourth cycle in Pro Mujer as a part of the Los Andes center. It is made up of eight members and led by a board of directors of which Teodora is the president. The businesses that the members of the communal bank have are varied. Among them are selling potatoes, selling food, selling sweaters, selling fruit, selling ribbons and weaving blankets. The loan they will take out will benefit the micro-businesswomen, among them Teodora. She says that she joined Pro Mujer six years ago. joining at the invitation of a consultant from the institute who went to visit her at her home. Right now, she has a business knitting sweaters. She says that she started this business eight years ago, after deciding to buy a knitting machine and setting it up at her house. The loan she is taking out now is to increase capital by buying wool and a double machine, which she will acquire from wholesalers in the city of La Paz. She will use it to produce and sell to order. This type of work allows her to support her home as much as possible, because she is married and has four children. When asked what she likes about Pro Mujer, she answers that she likes the health area.

In this group: Teodora, Maria, Marina Lucy, Balbina , Rosilia, Mayumi Soledad, Francisca , Cristina
*not pictured

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Translated from Spanish by Kiva volunteer Ellen Donohue


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Loan details