A loan of $1,000 helped a member to purchase oil, canned goods, and sugar.

Cooperativa Group's story

The communal bank “Cooperativa” will begin its eighth cycle with Pro Mujer as part of the Regional Hub of Panamericana. It is composed of eight members and is led by a board of directors, where Manuela is the president.

The businesses carried out by the members of the communal bank are varied; among them are: selling athletic equipment, sewing jackets, selling fruit, buying and selling lambs, weaving blankets, a neighborhood store, making traditional blankets, and selling ropes.

The loan that they are taking out will benefit owners of small businesses like Manuela. She says that she joined Pro Mujer four years ago at the invitation of a promoter from the organization who came to visit her at her house.

Currently, she has a neighborhood store. She started this business some years ago after observing her neighbors’ and her own needs and the lack of a nearby place to make purchases.

The loan that she will take out now is to increase her capital (purchase oil, canned goods, and sugar) that she will obtain from wholesale stores in the city of El Alto. Later, she will sell them in her sales stall. This kind of work allows her to generate income in order to maintain her home as much as possible, as she is married and has two children.

When asked what she likes about Pro Mujer, she says that she enjoys the education on health and loans.

In this group: Manuela, Elena Joaquina, Andrea , Martina, Aurora*, Jacinta , Flora, Ceferina
*not pictured

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Translated from Spanish by Kiva volunteer Caroline Hedel

Loan details

Lenders and lending teams

Loan details