A loan of $3,725 helped a member to buy wool.

Fortaleza 5K Group's story

The communal bank "Fortaleza 5k" (Strength 5K) will begin its second loan cycle with Pro Mujer, as part of the Cascada regional center. It consists of eight members and is led by a board of directors where Señora Rosa is the President. The businesses of the members of the bank are varied. Among them are selling sweets, weaving blankets, neighborhood store, selling potatoes, selling sheep, and selling quinoa juice.

The loan that they will take out will benefit these little micro-entrepreneurs, of which Señora Rosa is one. She indicates that she joined Pro Mujer two cycles ago, joining at the invitation of a recruiter from the institution who came to visit her in her home. Now she has a weaving business and sells sweaters and blankets. She relates that she has had this business for three years after learning weaving techniques.

The loan that she will take out now is to increase her capital (by buying wool), which she will acquire from the fairs in the city of El Alto, and after making things she will sell them at the fairs. This form of work allows her to generate resources to maintain her home as best she can, since she is married and has four children.

When she is asked what she likes about Pro Mujer, she responds that she likes the savings plan.

In this group: Rosa, Daniela, Exalta, Armengal, Justa, Basilia, Jenny Doriz , Paulina

Translated from Spanish by Kiva volunteer Pam McMurry

Loan details

Lenders and lending teams

Loan details