A loan of $2,900 helped a member to buy wool.

Buenas Vecinas Group's story

The “Buenas Vecinas” (Good Neighbors) communal bank will start its third cycle in Pro Mujer as part of the Cascada Focal Center. It consists of nine members led by a governing board presided over by Regina. The communal bank members carry out a variety of businesses among which are: blanket weaving, grocery store, silk blanket weaving and vicuña blanket weaving.

The loan they’ll take out will benefit small micro businesswomen like Regina. She indicates that this is her second year with Pro Mujer having joined thanks to a promotional invitation that the institution gave in her zone. She currently has a crafts business knitting sweaters that she started 8 years ago while working with an exporter. She subsequently became independent and set up her own workshop.

The loan she’ll take out is to increase capital. She’ll buy wool from wholesalers in the city of El Alto and after making them will sell them to order. This way of working allows her to support her family since she’s married with two children. When asked what she likes about Pro Mujer, she answers the health training and the credit.

In this group: Regina Virginia , Albertina , Elisa , Celia Irene , Martha , Gumercienda , Sofia Wilma , Nelly Lourdes , Milian

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details