A loan of $1,625 helped a member to buy wool.

Azucenas Group's story

The communal bank "AZUCENAS" will begin its sixth loan cycle at the Pro Mujer women's program at the Los Andes Social Center. The group is comprised of nine members and the president is Otilia. All the members are involved in different businesses, such as a cleaning service, mattress sales, cosmetic sales, sweater sales, fruit sales, a bookstore and scrap metal sales.

The loan will benefit the small business owners, one of which is Otilia. She has been involved in the Pro Mujer program for two loan cycles and joined by invitation from a friend who is a member of the institution. Otilia currently has a hand-knitted sweater business which she started three years ago. She already knew how to knit and urgently needed a way to earn an income.

The loan she is requesting now is to increase her work capital to buy wool which she will acquire at the traditional fairs in the city of El Alto. Then she will make custom orders to sell to customers. This form of working allows her to generate an income for her family. She is married and has two children.

When asked what she likes about Pro Mujer, she says it is the area of credit, health and training offered by the institution.

In this group: Otilia, Claudia, Abadia, Rosmery, Candelaria, Vidalia, Juana Ariana, Julia Genova, Bittza

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details