A loan of $4,400 helped a member to buy clothes.

Nueva Fortaleza Group's story

The "Nueva Fortaleza" communal bank began will begin its second cycle with "Pro Mujer", through the Los Andes central office. The group is made up of nine members and is directed by a board, which is headed by the president, Mónica. The members of the communal bank have businesses working in different areas including: selling chicken, selling items such as clothes, brushes, mobile phones, pita fibres and meals, as well as businesses making aprons.

This loan will benefit small businesses in the communal bank, of which Mónica is a part. Mónica tells us that she herself joined "Pro Mujer" six months ago following an invitation from her friend, who is a member of the institution. Mónica currently has a business selling clothes and she tells us that she started this business ten years ago through her own initiative.

This loan will be used to increase her working capital by buying clothes in bulk from distributors at markets in the city of El Alto. Mónica will then sell them in the Santa Cruz and Cochabamba departments, as well as in Peru. This type of work allows Mónica to earn money to support her household as best as possible. She is married and has one son.

When asked what she likes about "Pro Mujer" Mónica says that she likes the health advice that is provided.

In this group: Monica Ines , Amalia, Maria Cristina, Maritza Maribel, Juana, Milenka, Ximena Karen, Elizabeth , Giovana

Translated from Spanish by Kiva volunteer Iain Gaw

Loan details

Lenders and lending teams

Loan details