A loan of $4,500 helped a member to buy cosmetics.

Sagrado Corazon Group's story

The “Sagrado Corazón” (Sacred Heart) communal bank will start the 25th cycle in Pro Mujer as part of the Collpani Focal Center. It has 8 members led by a governing board presided over by Esther. The communal bank members are in a variety of businesses among which are: cosmetic sales, jewelry, tailor shop, pastries, food ‘pasanaco’ [a “game” when a group of friends give certain amount of money every certain time and one person of the group takes all the money home to do whatever he/she wants with it] and electronics store.

The loan will benefit small micro businesswomen like Esther. She indicates that she joined Pro Mujer 18 months ago having joined thanks to an invitation from a girlfriend who is a member of the institution. She currently has a business selling beauty products; a business she started six years ago on her own initiative.

The loan she’ll take out now is to increase capital. She will buy cosmetics from distributors and then resell them on order. This was of working allows her to generate income for her family since she’s married and has two children. When asked what she likes about Pro Mujer, she answers that she likes the health services and the training sessions.

In this group: Esther Guadalupe, Veronica Elizabeth, Amalia Lina , Carmela Julia, Olga , Mirna, Maritza , Antonia Soledad

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details