A loan of $1,750 helped a member to buy fabric.

Aries Group's story

Aries Communal Bank will start its first loan cycle with Pro Mujer as part of the Villa Tejada Regional Office. It's made up of eight members governed by a board of directors of which Mónica's the president. The various businesses of the bank members include selling fruit, making athletic clothing, a bakery, and selling cleaning supplies.

The loan they're getting will benefit small business entrepreneurs such as Mónica. She says it's the first time she's been a member of Pro Mujer, having joined on the invitation of a friend who's a member. Currently Mónica has a tailor shop that she started to help her parents in their shop; later she decided to get her own space so she could pay for her education.

Mónica's loan is to increase her capital by buying fabric from the wholesale stores in the city of El Alto; after making the clothing she'll sell it in her sales stall. This job allows her to earn an income to support herself to the extent possible, because she's going to school and needs the money.

When asked what she likes about Pro Mujer she says the loan and health trainings.

In this group: Monica Zulma, Justina, Matias Daria, Maribel , Gabriela Dori , Celia , Fabio , Leny Mariela

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Translated from Spanish by Kiva volunteer Catharine Wall

Loan details

Lenders and lending teams

Loan details