A loan of $4,225 helped a member to buy vegetables.

Los Angeles De Florida Group's story

The “Los Ángeles de Florida” (Florida’s Angels) communal bank will start its second cycle in Pro Mujer as part of the Senkata Focal Center. It has 8 members led by a governing board presided over by Margot. The communal bank members carry out a variety of business such as: blended beverage sales, grocery store, meat sales, American clothing sales, plastic ware sales and fruit sales.

The loan they’ll take out will benefit small micro businesswomen like Margot. She states that she’s been part of Pro Mujer for a year having joined thanks to an invitation from a girlfriend who is a member of the institution. She currently has a business selling vegetables. She lets it be known that she learned this business three years ago watching her sister-in-law who has the same kind of business.

The loan she’ll take out now is to increase capital. She will buy vegetables in one of the city of El Alto’s street markets to then resell them in her sales space. This way of working makes it possible for her to generate resources to support her family the best way possible since she’s single and has a son. When asked what she likes about Pro Mujer, she answers that she likes the training sessions in credit and health.

In this group: Margot, Cecilia , Rosalia, Thalia, Elena , Celia , Barbara, Lilian Mariana

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details