A loan of $4,675 helped a member to buy containers and utensils.

23 De Febrero Group's story

23 de Febrero Communal Bank will start its twenty-seventh loan cycle with Pro Mujer as part of the Panamericana regional office. It's made up of nine members governed by a board of directors of which Pamela is the president. The various businesses of the members of the communal bank include sewing jackets, meat sales, a neighborhood store, food sales, and knitting alpaca sweaters.

The loan they're getting will benefit small business entrepreneurs such as Pamela. She says she has been with Pro Mujer for nine cycles, having joined on the invitation of a friend who's a member of the institution. Currently Pamela has a business selling food, which she decided to start because she saw that her neighbors needed to have a place to buy food.

The loan Pamela's going to get is to increase her capital by buying containers and utensils from the wholesale stores in the city of El Alto to use in her stall. This form of work allows her to generate income to support her household to the extent possible, because she lives with her partner and has two children.

When asked what she likes about Pro Mujer, she says the health trainings and the loans.

One of the borrower's sisters accompanies her. She is in the background of the photo.

In this group: Pamela Lucy, Dolores, Remedios, Martina, Benita, Desideria, Blanca Lourdez, Nieves , Yohovana

Translator profile picture

Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

Lenders and lending teams

Loan details