A loan of $3,475 helped a member to buy baby calves.

Corazones De Oro Group's story

The Corazones de Oro communal bank will start the first loan cycle with Pro Mujer, as part of the Centro Focal Copacabana. It is made up of eight members and is managed by a Board where Juana is the president. The businesses that the members of the communal bank undertake are varied, including blanket weaving, selling vegetables, selling milk and cheese, and running a neighborhood store.

The loan that they have taken out will help micro entrepreneurs such as Juana; she states that she became a member of Pro Mujer six months ago, entering at the invitation of a promoter of the institution who came to visit her in her home. She currently has a business selling milk and cheese, which informs us that she learnt this trade several years ago as it is a family business. After getting married, she decided to start her own sales area.

The loan that will take out now is to increase her working capital (to buy calves) that she will purchase in the agricultural shows nearby her community and later on to rear the calf and produce products that she will sell in her sales area. This form of work will enable her to generate an income to support her home as much as possible as she is married and has three children.

When asked what it is that she likes about Pro Mujer, she replies that she likes the training in health and loans.

In this group: Juana , Mariela, Martha Rosa, Ines , Escolastica Guillermina, Delia Regina, Miguel Ismael, Margarita

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Translated from Spanish by Kiva volunteer Severine

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