A loan of $2,625 helped a member to buy cattle.

Marquirivi Group's story

The “MARQUIRIVI” communal bank is beginning its first loan with Pro Mujer, as part of the Centro Focal of Copacabana. It is made up of nine members and is directed by a governing board, of which Marcela is the president. The businesses which the members of the communal bank run are varied and include: selling milk, selling cattle, running a local shop, selling cheese and selling freeze-dried potatoes. The loan which they get will benefit the small micro-businesses of which Marcela is a member. She says this is the first time she has joined Pro Mujer, following an invitation from a promoter of the institution who visited her at home. Currently she has a business producing and selling cheese; she says she started this business on the advice of her family as she had a small amount of capital and technical knowledge, so she decided to buy cattle to start her business.

The loan she is asking for is to increase her stock (buying cattle) which she will source in the neighbouring communities and after rearing them she will produce products for sale. This type of work enables her to generate an income to support her family as much as possible since she is single and has five children. When asked what she likes about Pro Mujer, she says she likes the health training and the loans.

In this group: Marcela, Olivia , Dominga, Marcela, Justina, Leandra , Cristina, Claudina, Virginia

Translated from Spanish by Kiva volunteer Judith McInally

Loan details

Lenders and lending teams

Loan details