A loan of $1,200 helped a member to buy fabric.

Nuevo Amanecer Group's story

The ‘Nuevo Amanecer’ (New Dawn) communal bank will begin its first cycle with Pro Mujer as part of the Copacabana Focal Center. It is comprised of eight members, and it is led by a board of directors. Herminia is the president. The members’ business activities are varied and include farming, selling pigs and sheep, selling food, selling cattle, and making mattresses.

The loan that they will take out will benefit small businesswomen where Herminia is a member. She says that this is the first time she has been a part of Pro Mujer. She joined by invitation from a representative of the institution who went to visit Herminia at her house. She currently has a business making mattresses. She explains that she learned this business when she was a young girl helping her mother. When Herminia got married she decided to undertake the business independently.

The loan that she will now take is to increase capital (to buy fabric) that she will get at the stores in the city of El Alto. After making the mattresses she will sell them to the wholesale merchants. This way of working allows her to generate resources to support her household as much as possible. She is married and has three children. When asked what she likes about Pro Mujer, she responded that she likes the trainings about health and loans.

In this group: Herminia , Gabriela, Victoria , Regina , Natalio , Vilma Lurdes, Celia , Modesta

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details