A loan of $2,500 helped a member to buy sugar to prepare her products.

Primero De Mayo Group's story

The “PRIMERO DE MAYO” ["May 1"] communal bank is beginning its first loan cycle with Pro Mujer, as part of the Villa Exaltación regional center. It is made up of eight members and led by a board of directors, of which Juana is the secretary. The businesses pursued by the communal bank members are diverse. They include: weaving sweaters; preparing fried potatoes and fried pork; driving; selling pots; selling food; coffee sorting; selling whipped cream desserts; and providing public restroom services.

The loan they are taking out will benefit small entrepreneurs in the group where Juana is a member. She reports that she joined Pro Mujer six months ago, on the invitation of a friend who is a member of the institution. Currently, she has a business selling gelatins and sweet drinks. She says that she learned this trade from a friend who was involved in the same activity.

The loan that she is requesting is to increase her capital (to buy sugar). She will buy it from the wholesale distributors in the City of El Alto, and then after preparing her products, she will sell them as a mobile vendor at the local markets. This way of working allows her to generate resources to maintain her household as well as possible, since she is single and has one child.

When asked what she likes about Pro Mujer, she responds that she likes the training sessions about credit and health, as well as the savings.

In this group: Norma , Elvira Ines, Justina , Eva Laura, Maritza, Felix, Juana, Nadir

Translator profile picture

Translated from Spanish by Kiva volunteer Patricia Linderman

Loan details

Lenders and lending teams

Loan details