A loan of $3,675 helped a member to purchase rice, sugar and flour.

Arenas Del Mar Group's story

The communal bank “ARENAS DEL MAR” will begin its fifteenth season with Pro Mujer (For Women) as part of the Centro Focal de Cascada. The group is comprised of nine members and is governed by a Board of Directors and María, their Secretary. The members of the communal bank run various businesses including: a store that sells blankets, selling clothes for infants, a butcher shop, selling blankets made of alpaca wool, food sales, ice cream sales, a snack kiosk, and a corner store.

The loan will benefit these small business owners, including María. She explains that she joined Pro Mujer (For Women) four years ago at the invitation of a representative of the institution who paid her a visit at home. Her current business is a corner store. She began this business on her own initiative when she noticed that her neighbourhood was lacking a store.

The loan will be used to increase resources; to purchase flour, sugar and rice from distributors. These items will later be sold at her place of business. This type of work allows her to generate resources to maintain her family as best she can. She is married and has two children. When asked what she likes about Pro Mujer (For Woman), her answer is that she likes that they work with communal banks.

One of ladies is missing from the photo because she was getting a medical checkup.

In this group: Cayetana , Julia , Ana Rosmery*, Sabina , Celina, Mercedes , Dionicia Placida, Maria Eugenia, Concepción Concha
*not pictured

Translated from Spanish by Kiva volunteer Amy Huras

Loan details

Lenders and lending teams

Loan details