A loan of $6,300 helped a member to buy paper and ink.

2 De Febrero Group's story

The Communal Bank “2 de Febrero” (February 2nd) is starting its 30th loan cycle with Pro Mujer as part of the Villa Adela Community Center. This group consists of 12 members and is led by a Board of Directors in which Sra. Martha serves as the president. The members of this Communal Bank engage in various businesses such as selling cosmetics, dog grooming, teaching, managing a neighborhood store and bookstore, selling candies and cookies, printing, managing a boarding house, and managing a hair salon.

This loan will benefit small entrepreneurs such as Sra. Martha. She said that she joined Pro Mujer 10 years ago after receiving an invitation from a friend who is a member of the organization. Martha currently manages a printing business that she started years ago. When she worked at another print shop, she decided to start her own business. This was around the time she joined Pro Mujer and was offered a loan.

The loan she is receiving now will be used to increase her capital for buying paper and ink. She acquires her supplies from the wholesale shops in the city of El Alto and then produces what she sells from her retail space. Working in this manner enables her to generate income to support her family. Martha is married and has three children.

When asked what she likes about Pro Mujer, Martha said that she enjoys the camaraderie within her group.

In this group: Martha, Ibeth Paola, Mayra Neyda, Ines , Lucia *, Fabiola Alejandra , Rossemery Blanca, Rosaisela, Delma Delmira, Dunia , Iveth Maribel , Beatriz Brigida
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details