A loan of $6,250 helped a member to buy packaged seasonings.

Rey De Reyes Group's story

The village bank Rey de Reyes is starting its fifth loan cycle with Pro Mujer, as part of the Panamericana regional office. The group has nine members, and Elvira is the chair of the board of directors. The members of the group make their living in a variety of ways, including weaving and selling gloves, offering traditional ceremonial services, selling food and snacks, sewing athletic clothing, selling auto parts, selling kitchen utensils, tailoring, and selling minerals.

This loan will help these microentrepreneurs. Elvira notes that she has had four loans with Pro Mujer, which she joined at the invitation of the institution's promoter, who visited her in her home. She currently has a business selling plastic home goods; she tells us that she's had the business for a number of years and that it is quite profitable. She currently thinks she should expand her business to carry other products, which is why she will buy spices and sell them in her business.

She will use this loan as working capital to buy spices at the wholesalers in the city of El Alto and then sell them in her shop. This work allows her to bring in an income to support her family, since she lives with her partner and has two children. When we ask her what she likes about Pro Mujer, she answers that she likes the health care and training offered.

In this group: Elvira, Roberta, Beatriz, Justina, Diego Armando , Filomena, Elisa Brigida, Sandra Jenny, Juana

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Translated from Spanish by Kiva volunteer Andrea Rosenberg

Loan details

Lenders and lending teams

Loan details