A loan of $2,725 helped a member to buy wool.

La Primera Ii Group's story

The communal bank "La primera II" is initiating its second loan cycle with Pro Mujer, as a part of the focal point Villa Tejada. The group consists of eight members and is governed by a board of trustees where Lidia is the recording secretary. The members of this communal bank run various businesses such as making baby clothes, selling fruits, selling cosmetics, hardware store, selling knick-knacks, and selling sweets.

The loan they are taking out will benefit small microentrepreneurs, and among them is Lidia. She comments that she has been a member of Pro Mujer for three years. She joined upon an invitation from her friend who is a member of the institution. Lidia's current business is to knit baby clothes by hand and on a knitting machine. She started this business seven years ago when she bought her knitting machine. In the beginning she produced few products, but then she decided to expand her business and joined Pro Mujer.

The loan she is requesting now will be spent on wool that she will buy wholesale in the city of El Alto, and then sell in her place of business. This way of working allows her to generate the necessary incomes for her household, since she lives with her partner and three children.

When asked what she likes about Pro Mujer, she answers that she likes the training on finance and health.

In this group: Lidia, Gladys , Rossmery, Sofia Eleuteria, Paola Pamela , Emiliana, Sara Lorena , Juana

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Translated from Spanish by Kiva volunteer Isabel Valencia

Loan details

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Loan details