A loan of $3,200 helped a member to buy wool.

Dios Es Amor Group's story

The “DIOS ES AMOR” ["God is Love"] Communal Bank is about to start its first cycle with Pro Mujer as part of the German Busch centre. The group has eight members and is governed by a board of directors of whom Sinforoza is the president. The members' businesses are varied and include: food sales, sweater sales, grocery sales, artesenal sweaters, cleaning, and fruit sales.
This loan will benefit these small businesses. Sinforoza says that she has been part of Pro Mujer for eight years. She joined at the invitation of a friend who is also a member. She currently has a business making and selling sweaters. She started this business several years ago and learned the technique from a technical school. She then decided to start her own workshop.
This loan is for an increase in working capital (the purchase of wool). She will buy wool from Peru and later set it up in her sales space. This work allows her to generate an income to maintain her household where possible. She is married and has one daughter.
When asked what she likes about Pro Mujer, she replied that she likes the health training and the loans.

In this group: Sinforosa , Modesta, Micaela, Pascuala , Miguel Angel, Paula , Violeta Soledad, Martha

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Translated from Spanish by Kiva volunteer Christine Cooper

Loan details

Lenders and lending teams

Loan details