A loan of $5,625 helped a member to buy books.

Unión De Amigas Group's story

Unión de Américas Communal Bank will start its third loan cycle with Pro Mujer as part of the Santiago II regional office. It's made up of eight members and governed by a board of directors of which Nora's the president. The businesses of the bank members are varied and include a beauty salon, a restaurant, a grocery store, canned goods sales, liquor sales, appliance sales, and sales of "tucumanas" [regional-style turnovers].

Their loan will benefit small business entrepreneurs like Nora. She says she has been a member of Pro Mujer for a year, having joined on the invitation of a friend who's a member of the institution. Currently she has a business selling books. She says she learned the business with a small amount of capital she had and that she decided to invest in in buying books.

The loan she's going to get now is to increase her capital by buying books. She'll get them from wholesale vendors in the city of El Alto and later sell them in her stall. This form of work allows her to generate income to support her household to the extent possible, because she's married and has a child.

When asked what she likes about Pro Mujer she says the health area.

In this group: Nora Sariel, Luisa , Martha , Maria Mabel , Olga , Maria Antonieta, Valery , Carla Gricel

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Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

Lenders and lending teams

Loan details