Funded

Total loan: $3,675
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Veleros Group

Bolivia
La Paz / El Alto, Bolivia / Decorations Sales

A loan of $3,675 helped a member to buy flowers to sell.


Veleros Group's story

The Communal Bank “Veleros” is starting its eighth loan cycle with Pro Mujer as part of the Los Andes Community Center. This group consists of eight members and is led by a Board of Directors headed by Sra. Rufina as its president. The members of this Communal Bank engage in various businesses such as selling plastics, selling lambs, selling flowers, operating a dairy, providing sound services, selling cheese and lamb meat, and producing jackets.

This loan will benefit small entrepreneurs such as Sra. Rufina. She says that she joined Pro Mujer a year and a half ago after receiving an invitation from a friend who is a member of the organization. Rufina currently has a business of selling flowers. She started this business years ago because she was already helping her mother with her business. When she received her first loan, Rufina became independent and established her own business.

The loan she is receiving now will be used to increase her capital for buying flowers, which she acquires from the wholesale vendors. She then sells her products from her retail space. Working in this manner enables her to generate income so that she can support her family. Rufina is married and has four children.

When asked what she likes about Pro Mujer, Rufina said that she enjoys working as part of a group.

In this group: Rufina Agustina , Julia, Elsa, Julia , Dionicia , Ceferina, Marcelina , Rosa
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica


Loan details

Loan length:

10 months
Disbursed date: August 9, 2013
Facilitated by Field Partner: Fundación Pro Mujer

Lenders and lending teams




Loan details

Loan length:

10 months
Disbursed date: August 9, 2013
Facilitated by Field Partner: Fundación Pro Mujer