A loan of $3,075 helped a member to purchase rice, sardines, sugar, etc.

Nueva Picaflor Group's story

The "Nueva Picaflor" loan group will be starting its first loan cycle with Kiva partner Pro Mujer through the office in Senkata. It consists of eight members and has a board of directors with Josefina as president. The businesses that the members carry out are varied, among which are: producing lye, selling cocoa, sewing hats and pants, selling potatoes, selling electrical materials, running a hardware store, running a neighborhood store, and sewing coats. The loans will benefit these small businesses, including Josefina's. This is her first time with Pro Mujer, and she joined after being invited by one of the institution's promoters who visited her home. She has a business running a neighborhood store, which she started after noticing a lack of stores in her area. She plans to use the loan to increase her capital to purchase rice, sardines, sugar and other supplies that she will acquire at the flea markets in La Paz and later sell at her post. In this way Josefina will generate income for her family since she is married with seven children. When asked what she likes about Pro Mujer, she said that she likes the friendliness of her fellow members in her community bank.

In this group: Josefina, Bony Yanet , Jeanette Rosmery, Adela , Valeria , Silvia Casilda, Concepción , Betty

Translated from Spanish by Kiva volunteer Marty Greenstein

Loan details

Lenders and lending teams

Loan details