A loan of $3,375 helped a member to buy groceries.

Akapana Group's story

Akapana Communal Bank will begin its second loan cycle with Pro Mujer as part of the Copacabana regional office. It's made up of eight members governed by a board of directors of which Nancy is the treasurer. The various business of the communal bank members include wool sales, food sales, refreshment sales, weaving blankets, knitting sweaters, and plaster sales.

This loan will benefit small business entrepreneurs such as Nancy. She says she has been a member of Pro Mujer for a year, joining on the invitation of a counselor from the institution who visited her at home. Currently she has a business selling food (meals). She says this business began with a previous business where her mother-in-law sold food. Later she decided to sell this product.

The loan she's getting is to increase her working capital by buying groceries, which she'll get at area markets; then she'll prepare meals to sell in her sales space. This type of work allows her to generate resources to support her household as much as possible, because she's married and has four children.

When asked what she likes about Pro Mujer she says she likes the payment meetings because they laugh and get work experience with banks.

In this group: Alicia Magdalena , Carmen Rosa, Maria Vaneza, Evangelina Erminia , Bladimir Cristobal, Rut Nela, Virginia Nery, Nancy

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Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

Lenders and lending teams

Loan details