A loan of $5,775 helped a member to purchase wool.

Vida Y Verdad Group's story

The "Vida y Verdad" (Life and Truth) communal bank will begin its third cycle with Pro Mujer, as part of the Collpani regional office. It is composed of 8 members and is led by a governing board, of which Señora Celeste is President. The businesses run by the members of the communal bank are varied, and include: selling various products, selling liquor, driving minibuses, tailoring, selling clothing, and sewing traditional skirts.

The loan that they will take out will benefit microentrepreneurs like Señora Celeste. She says that she became a member of Pro Mujer two years ago, joining at the invitation of a friend who was a member. Today, she has a business selling wool. She started the business with the small amount of money she saved while helping her mother; later, she decided to start her own business.

The loan she will now take out is to increase the capital (purchase of wool) that she will get from the markets in the city of El Alto and then sell in her shop. This work permits her to generate income to maintain her household as well as possible, as she lives with a partner and has a daughter.

When asked what she likes about Pro Mujer, she responded that she likes the training.

In this group: Celeste Gabriela, Silvia , Hilda, Virginia Filomena, Guillermina, Victoria, Nelba, Maria Marga

Translated from Spanish by Kiva volunteer Kristen McNeill

Loan details

Lenders and lending teams

Loan details