A loan of $3,825 helped a member to buy flour.

Damiana's Group's story

The communal bank "KISWARAS" will begin its second loan cycle in Pro Mujer, as part of the Copacabana regional office. This group is composed of ten members and is led by a board of directors with Damiana serving as the President. The businesses that the members of the communal bank undertake are varied; among others there are the following: tucumana sales, neighborhood grocery store, bakery, cheese sales, alcohol sales, knitting sweaters, chair sales, toy sales, bookstore.

The loan that they will take out will benefit micro-business owners such as the member Damiana. She says that she has been a member of Pro Mujer for 1 year, joining by an invitation from a consultant of the institution who went to visit her at her home. Currently, she has a bakery business; she says that she inherited this business from her parents several years ago.

The loan that she will take out is to increase her capital (buying flour) that she will acquire from fairs and distributors in the city of La Paz, and after preparation, she will sell it at her place of business. This form of work allows her to generate resources to maintain home as best as possible since she is single and has a daughter.

When asked what she likes about Pro Mujer, she responded that she likes the savings and the training sessions revolving around health and credit.

In this group: Damiana, Ingrid Ines, Natalio , Fabiana , Guillermo , Alfredo, Maria , Alicia Giovana , Emiliana , Juana

Translated from Spanish by Kiva volunteer Jeremy Orloski

Loan details

Lenders and lending teams

Loan details