A loan of $3,225 helped a member to buy seeds.

Nueva Esperanza Group's story

The "Nueva Esperanza" ("New Hope") communal bank will begin its second cycle with Pro Mujer as part of the Patacamaya regional office. The group is made up of eight members and is run by a board of directors, of which Delia is the president. The businesses which the group members run are varied and include the production and sale of potatoes, the production and sale of vegetables, a neighborhood store, production of potatoes and potato starch, and the sale of livestock.

This loan will benefit small business owners such as Delia. She says that she joined Pro Mujer one year ago by the invitation of a promoter of the institution who visited her at home. She currently has an agricultural business (potato production). She says that she learned about this business from her parents years ago, and she currently works in the business to generate financial resources.

She will use this loan to increase her capital by buying seeds, which she will acquire from distributing companies and later sell in the city of La Paz and in towns. This type of work allows her to generate an income to maintain her household as much as possible, as she is married with four children.

When asked what she likes about Pro Mujer, she answers that she likes the flexible credit and the training.

In this group: Delia, Felipa, Floria, Sebastian , Pamela, Victoria, Manuel, Eusebia Lidia

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Translated from Spanish by Kiva volunteer Amy Volz

Loan details

Lenders and lending teams

Loan details