A loan of $5,325 helped a member to buy hair clips.

Illimani Group's story

The "ILLIMANI" communal bank will be starting its twentieth cycle with Pro Mujer, as part of the Villa Tejada centre. It is made up of nine members and is run by a board of directors of which Cristina is the President. The businesses which the members of the communal association run are varied and among them are: selling groceries, selling toys, making party supplies, selling hair clips, sewing quilts, selling chickens.

The loan they will take out will benefit small businesswomen of which Cristina is an example. She says she joined Pro Mujer a year ago after being invited by a friend who is a member of the institution. Currently she runs a business selling hair clips. She says she started this business several years ago after noticing that a lot of this type of product is sold in the market. For this reason she has been working with the same products for 30 years.

The loan she is now taking out is to increase capital to buy hair clips which she will buy from the wholesale stores in the city of El Alto and will then sell in her business. This kind of work allows her to generate income to maintain her household, since she is a widow and has 2 children.
When asked what she likes about Pro Mujer, she says she likes the training in loans and health.

In this group: Cristina, Victor , Cristina , Virginia , Viviana Fanny, Veronica , Julieta , Celia, Cecilia

Translated from Spanish by Kiva volunteer Judith McInally

Loan details

Lenders and lending teams

Loan details