A loan of $4,250 helped a member to buy combs, hair dryers, etc.

Picaflor Ii Group's story

The communal bank "Picaflor II" is entering its fourth loan cycle with Pro Mujer. They are working with one of the organization's regional offices in Villa Exaltación. The group is made up of eight members and is headed by a Board of Directors. Angela is the Secretary of the Board. The members of the communal bank run a variety of businesses, including cosmetics sales, recycling, sales of Avon products, food sales, sales of sundry items, vegetable sales, flower sales and sales of lamb.

The loan that they will take out will benefit small micro-businesses where Angela is a member. She says that this is her second loan cycle with Pro Mujer. She joined the group at the invitation of a consultant from the institution, who came to visit her at home. Currently, Angela has a hairdressing business. She learned this line of work at a technical school and later decided to open her independent business.

The loan that she is taking out is to increase her working capital (to buy combs, hairdryers, etc.) which she will acquire at fairs in the city of El Alto and later set up in her place of business. This type of work allows her to generate resources to support her household as far as possible, since she is single and has two children.

When asked what she liked about Pro Mujer, she replied that she liked the medical consultations, the savings, the training, and the loans.

The daughter of a woman also appears in the photo of the group. She is wearing a black jacket.

In this group: Jenny Judith, Bertha Francisca, Eulalia, Rosmery, Lucy, Francisca , Modesta, Angela Tatiana

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Translated from Spanish by Kiva volunteer Aesclinn Donohue

Loan details

Lenders and lending teams

Loan details