A loan of $3,775 helped a member to purchase wool.

Flor Kantuta Group's story

The "Flor Kantuta" communal bank will begin its fourth cycle with Pro Mujer, as part of the Panamerican Regional Office. The group is composed of eight members and is led by a board of directors, of which Señora Lucha is the Secretary. The businesses that the association's members run are varied and include, among others: craft baskets, coca sales, a general store, sewing vests, macramé knitting, sewing backpacks.

The loan that they will take out will benefit microentrepreneurs like Señora Lucha. She says that this is her fourth cycle with Pro Mujer, having joined at the invitation of a credit counsellor from the institution who visited her at home. Currently she has an artisan business knitting sweaters. She makes it known that she learned this business from a previous job, and it has been ten years since she decided to start her own workshop, as she had also studied entrepreneurship.

The loan she is taking out now is to increase the capital (the purchase of wool) she will acquire from distributors in the city of El Alto; after making the sweaters, she will sell them in her shop. This work allows her to generate income for her family, as she is married and has four children.

When asked what she likes about Pro Mujer, she responds that she likes the savings and the training.

In this group: Bertha, Lucha, Natividad, Julia, Virginia , Betty Sofia , Maria, Francisca

Translated from Spanish by Kiva volunteer Kristen McNeill

Loan details

Lenders and lending teams

Loan details