A loan of $1,125 helped a member to purchase fabric.

El Prado Group's story

The community bank “El Prado” will begin its first cycle in “Pro Mujer” (For women) as part of “Centro Focal de Los Andes” (Focal Center of the Andes). It is made up of 6 members and is governed by a board of directors where Maria Eugenia is the President. The businesses that the members of the community bank have are various and include: food sale, sale of baby clothes, sale of clothing, sale of cheese. The loan they are requesting will benefit small micro-enterprises where Maria Eugenia is a member. She says that it is the first time that she is a member of “Pro Mujer.” She joined through an invitation from a promoter of the institution that went to her home.

Currently, she has a business creating clothing (sewing and knitting). She started this business when she came from Brazil with the desire to have her own business.

The loan that she will take out is to increase capital (purchase fabric) that she buys from the wholesale distributors and will create and sell in her store. This form of work allows her to generate income to maintain household expenses. She has a civil union and two children.

When she is asked what she likes about “Pro Mujer”, she responds that she likes the savings that she can generate.

In this group: Maria Eugenia, Juana Benita, Salome, Beatriz Aurelia , Lidia , Felisa

Translator profile picture

Translated from Spanish by Kiva volunteer Alana Abbitt-McGregor

Loan details

Lenders and lending teams

Loan details