A loan of $1,775 helped a member to buy snack foods.

Nuevo Amanecer Group's story

The Communal Bank “Nuevo Amanecer” (New Dawn) is starting its first loan cycle with Pro Mujer as part of the Senkata Community Center. This group consists of six members and is led by a Board of Directors in which Sra. María serves as the treasurer. The members of the Communal Bank engage in various businesses such as managing a neighborhood store, selling snack foods, selling appliances, operating phone booths, and selling candy.

This loan will benefit small businesswomen such as Sra. María. She says that this is the first time she has joined Pro Mujer after receiving an invitation from a friend who wanted to form a group. María currently has a kiosk where she sells candy. She has become knowledgeable about this business since she started it years ago with some startup capital she had on hand.

The loan she is receiving now will be used to increase her capital for buying snack foods. She acquires her inventory at the fairs in the city of La Paz and then sells it later at her kiosk. Working in this manner enables her to generate income. María is married and has two children.

When asked what she likes about Pro Mujer, María said that she enjoys the training seminars about health and savings.

In this group: Luisa Blanca, Flora, Sonia, Maria Rita, Eulalia, Lenny

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details