A loan of $4,100 helped a member to buy jewelry.

Esmeralda I Group's story

The “ESMERALDA I” communal bank will begin its nineteenth cycle in Pro Mujer as a part of the Alto Lima center. It is made up of eleven members and is led by a board of directors, of which Jhannet is the secretary. The businesses that the members of the bank have are varied. They include: selling grains, making pants, running a public bathroom, selling baby's clothing, carpentry, macrame blankets, knitting hats, selling gifts.

The loan they will take out will benefit these small businesswomen, one of which is Jhannet. She says that she has been in Pro Mujer for six years. She joined at the invitation of a friend who is a member of the institution. Right now, she has a business selling jewelry. She learned this business from her aunt, whom she used to accompany to the fairs in Peru and Bolivia.

The loan she will take out now is to increase her capital by buying jewelry materials she will acquire at the markets in the city of El Alto and after making them she will sell them in her sales space. This type of work allows her to generate income to support her home as best she can, because she still lives with her mother.

When asked what she likes about Pro Mujer, she answers that she likes the low interest rates and the training.

In this group: Francisca , Damiana, Abigail Giovanna, Jhannet Yolanda, Monica Marcelina , Maria Rosa , Tatiana Roxana, Angélica , Martha, Angelica Ledy , Margarita

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Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

Lenders and lending teams

Loan details