A loan of $3,425 helped a member to buy a dryer and mirrors.

Barrio Municipal Group's story

The “BARRIO MUNICIPAL” communal bank will begin its fourth cycle in Pro Mujer, as a part of the Collpani center. It is made up of nine members and led by a board of directors, of which Micaela is the president. The communal bank members' businesses are varied. Among them are: transportation service, knitting blankets, selling various products, knitting blankets and jackets, construction, a hair salon, and selling shoes.

The loan they will take out will benefit the micro-businesswomen, one of whom is Micaela. She indicates that this is the first time that she is a part of Pro Mujer. She joined at the invitation of a cousin who is a member of the institution. Right now, she has a hair salon. She started this business recently, since she finished her training in hairstyling techniques and the loan she will take out now is to increase her capital.

The loan she will take out now is to increase capital, buying dryers and mirrors. She will acquire them from the markets in the city of El Alto and later install them in her workspace. This work will allow her to generate resources to support herself independently, since she is still single.

When asked what she likes about Pro Mujer, she answers that she likes the meetings and making new clients.

In this group: Micaela , Eva Yesenia , Benita, Francisco, Natalia, Jhovana Margarita, Virginia, Jhovana Gloria , Dora Antonia

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Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

Lenders and lending teams

Loan details