A loan of $4,000 helped a member to buy fabric.

Las Canelas Group's story

The communal bank "LAS CANELAS" will begin its eighth loan cycle through the Pro Mujer Program which is part of the Panamerican Social Center. The group is comprised of eight members and the president of the management board is Margarita. The businesses of the group members are varied and include sewing children's sportswear, vegetable sales, quinoa sales, convenience store, blanket weaving, noodle sales, jacket sewing, teaching and leg warmer sales.

The loan being requested will benefit small business owners including Margarita. She says she has been a member of Pro Mujer for four years and joined by invitation from a promoter of the institution who visited her home. She is currently running a sewing shop where she makes jackets. She started the business by taking orders from other people. With her savings she was able to set up her own business.

She plans to use the loan to increase her work capital and buy fabric from dealers in the city of El Alto. Then she will produce the goods she will sell at her shop. Her work earns her enough income to support her household. She is a widow and has a son.

When asked what she likes about Pro Mujer, she says it is the training regarding health, credit and saving.

In this group: Margarita, Juana, Elsa, Antonia, Maruja, Adela, Marta , Tomasa , Mary , Gronilda , Julia

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Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details