A loan of $3,750 helped a member to buy vicuña wool.

Las Kantutas De Franz Tamayo Group's story

The “Kantutas de Franz Tamayo” communal bank will start its third cycle in Pro Mujer as part of the Panamericana Focal Center. It has nine members led by a governing board presided over by Cristina. The communal bank members carry out a variety of businesses among which are: blanket making, blanket weaving, sweater knitting, fruit sales and food sales.

The loan they’ll take out will benefit small micro businesswomen like Cristina. She indicates that she’s participated in three Pro Mujer cycles having joined thanks to an invitation from a friend who is a member of the institution. Currently she has a business weaving vicuña wool blankets. She started it many years ago when she was invited to work for a textile firm where she sold her textiles for export. She now intends to expand her capital.

The loan she’ll take out now is to increase capital. She will buy vicuña wool from wholesale stores in the city of La Paz and once made will sell to the firm to order. This way of working allows her to generate resources to support her home as possible since she’s in a common law relationship and has four children. When asked what she likes about Pro Mujer, she answers the health area because it has a medical office.

In this group: Cristina, Sebastiana, Virginia , Domitila, Celestino , Petrona, Adelia Angélica, Emiliana Rosa , Maria

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details