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

Nuevo Amanecer Group's story

Nuevo Amanecer Communal Bank will start its second loan cycle with Pro Mujer as part of the Copacabana Regional Office. It's made up of eight members governed by a board of directors of which Herminia's the president. The communal bank members carry out a variety of businesses, including weaving shawls, ice cream sales, cattle sales, shawl sales, potato and "chuño" [freeze-dried potato] sales, and mattress sales.

The loan they're going to get will benefit small business entrepreneurs like Herminia. She says she has been with Pro Mujer for two loan cycles, having joined on the invitation of a friend who's a member. Currently she has a business selling mattresses, which she says she started five years ago as an independent business. Previously she had worked with her parents in a family business.

The loan Herminia's going to get now is to increase her capital by buying mattresses, which she'll get from the wholesale markets in the city of El Alto and then sell in her sales space. This form of work allows her to generate income to support her household to the extent possible, because she's in a common-law marriage and has four children.

When asked what she likes about Pro Mujer she says the trainings and the increase in capital that they help with.

The mother of one of the members appears in the photograph wearing a green shawl.

In this group: Herminia, Victoria, Gabriela, Vilma Lurdes, Celia , Nicasia Luisa , Natalio , Regina

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Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

Lenders and lending teams

Loan details