A loan of $5,050 helped a member to buy rice, noodles and cooking oil.

Sonko Suwa Warmisita Group's story

The communal bank "Sonko Suwa Warmisita" will start its second loan cycle in the Panamericana offices of Pro Mujer. This group has 8 members, and is led by a board of directors where Angela is the treasurer. The members of this communal bank have a variety of businesses including: sewing jackets, selling lamb meat, running a neighborhood store, running an internet cafe, selling food, embroidering alpaca sweaters, and snack bar.

The loan that they are taking will benefit this group of small businesswomen, of which Angela is a member. She states that she joined Pro Mujer one loan cycle ago at the invitation of a friend who is a member of the institution. Anglela currently has a neighborhood store, which she started up after seeing that her neighbors needed to have a place to shop. This is the reason that she established her store.

The loan that she is now taking will be used to increase her capital (to purchase rice, noodles and cooking oil). She will acquire these items from the wholesale distributors in the city of El Alto, and later sell them from her store. By working this way, she can generate resources to support her family, as she is married and has 3 children.

When asked what she likes about Pro Mujer, she answered that she likes the health and credit training.

In this group: Modesta, Lourdes, Felicidad, Martha Maxima , Nery Delma, Miriam Segundina, Isabel Estela, Angela

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Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

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Loan details