A loan of $1,550 helped a member to purchase wool.

Manantial De San Felipe Group's story

The communal bank "Manantial de San Felipe" is starting its first loan cycle with the organization Pro Mujer. They are working with one of the organization's regional offices in Los Andes. The communal bank has six members and is led by a governing board where Santusa acts as secretary.
The businesses of the group members are varied: food selling, coca selling, blanket weaving, glove weaving, clothes selling, and sewing.
The loan will benefit micro-entrepreneurs, one of whom is Santusa. She indicates that she is joining Pro Mujer for the first time, after being invited by a promoter for the institution who visited her at her home.
She currently has a business where she weaves gloves and sweaters. She started this business years ago, learning on her own initiative. She is now exporting to Europe.
The loan will be used to increase her stock (to purchase wool). She will acquire this stock at wholesale stores and, after manufacturing she will sell retail on demand. This way of work allows her to generate income to provide for her family. She lives with her partner and they have two children.
When asked about what she likes about Pro Mujer, she replies that she likes the health area.

In this group: Maria Mercedes, Santusa, Amalia Rosse Mary , Maria, Virginia, Marcela
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Leticia Barbero

Loan details

Lenders and lending teams

Loan details