A loan of $3,575 helped a member to purchase cosmetics.


Ilusiones Group's story

The communal bank "ILUSIONES" is starting its ninth loan cycle with Pro Mujer as part of the regional office in Villa Exaltación. The group has eight members and is led by a board of directors, of which Cielo is the president. The members run a variety of businesses, including selling blouses, macramé handicrafts, caramel apples, and tires.

The loan requested will benefit small micro-businesses of which Cielo is a member. Cielo points out that she joined Pro Mujer three loan cycles ago, at the invitation of a friend who is a member of the institution. She currently has a business selling cosmetics; she started this business with her first loan through Pro Mujer and it helped her to pursue higher education.

The current loan will be used to increase her capital (to purchase cosmetics wholesale) which she will obtain from wholesale distributors in the city of El Alto. She will then sell them to special order. This type of work allows Cielo to earn money to fund her studies. When asked what she likes about Pro Mujer, she says that likes the health clinic.

In this group: Cielo Andrea, Regina , Dameris Claudina , Camila Del Rosario, Camila Wara , Clotilde, Rosario, Jhoselid Keila

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Translated from Spanish by Kiva volunteer Deepti Limaye


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Loan details