A loan of $3,050 helped a member to buy wool.


Maravillosas De Tilacoca Group's story

The Communal Bank “Maravillosas de Tilacoca” is starting its first loan cycle with Pro Mujer as part of the Achacachi Community Center. This group consists of 11 members and is led by a Board of Directors in which Sra. Julia serves as the treasurer. The members of this Communal Bank engage in different businesses such as weaving blankets, selling vegetables, selling meat, knitting sweaters, selling fruit, making skirts, and selling livestock.

This loan will benefit small entrepreneurs such as Sra. Julia. She says that this is the first time she has joined Pro Mujer after receiving an invitation from a promoter of the organization who visited her at her house. Julia currently has a business of weaving blankets. She is familiar with this line of work after having learned the trade several years ago by helping her mother with the family business. Later on, she decided to continue in the same trade but work independently.

The loan she is receiving now will be used to increase her capital for buying wool, which she will acquire at the nearby fairs. Afterwards, she will use this material to make the products that she sells from her retail space. Working in this manner enables her to generate income to maintain her household. Julia is married and has three children.

When asked what she likes about Pro Mujer, Julia said that she enjoys the training seminars about health and credit.

In this group: Fabiana , Margarita, Carmen, Carmen , Ricardo , Elvira Roberta , Julia, Maria Natalia, Amalia , Nolberta, Graciela

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Translated from Spanish by Kiva volunteer Ronan Reodica


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