A loan of $4,800 helped a member to buy heifers.

Renacer Group's story

Renacer Communal Bank will begin it first loan cycle with Pro Mujer as part of the Copacabana Regional Office. It's made up of 11 members and is governed by a board of directors of which Vilma is the president. The bank members carry out a variety of businesses, including clothing sales, cattle sales, milk sales, and a bakery.

The loan they're getting will benefit small business entrepreneurs like Vilma. She says it's the first time she has been a member of Pro Mujer, having joined on the invitation of a loan officer who visited her at home. Currently she has a dairy business. She says she started this business on her parents' initiative several years ago and currently continues working in this line of work.

The loan she's currently getting is to increase her capital by buying heifers, which she'll get from the markets in a nearby community and later raise in her stable. This form of work allows her to generate resources to support her household to the extent possible, because she lives in a common-law marriage and has one child.

When asked what she likes about Pro Mujer she says the training.

In this group: Vilma, Paulina , Victoria , Maria , Carmen Rosa , Roxana, Lizeth, Hugo, Lucia Otilia, Virginia, Sonia

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Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

Lenders and lending teams

Loan details