A loan of $4,150 helped a member to buy noodles, sugar, oil, rice, and other products.

Los Angeles De 16 De Febrero Group's story

The Communal Bank “Los Angeles 16 de Febrero” (Los Angeles February 16th) is starting its fourth loan cycle with Pro Mujer as part of the Panamericana Community Center. This group consists of 11 members and is led by a Board of Directors in which Sra. Vanesa serves as the secretary. The members of this Communal Bank engage in various businesses such as making sportswear, selling baby sweaters, providing day care services, managing a neighborhood store, selling gifts, selling lettuce, selling beds, and selling woven clothing.

This loan will benefit small entrepreneurs such as Sra. Vanesa. She says that she joined Pro Mujer two years ago after receiving an invitation from a friend who is also a member of the organization. Vanessa currently has a neighborhood store as her business. She is knowledgeable about this type of work because she learned it from her sister, who also has the same type of business in her area. For this reason, she decided to replicate the business because her neighbors needed a place to shop.

The loan she is receiving now will be used to increase her capital for buying noodles, sugar, oil, rice, and other products. Vanesa acquires her inventory from wholesale distributors in the city of El Alto and then sells the products from her retail space. Working in this manner enables her to generate income to support her family. Vanesa is in a common-law relationship and has two children.

When asked what she likes about Pro Mujer, Vanesa says that she enjoys the training seminars and the focus on health.

In this group: Carmen Geovana, Sonia Yolanda , Viviana, Silvia Rebeca, Rosmery, Veronica, Bonifacia, Elizabeth, Mary Ruth, Vanesa Marilyn, Sonia

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details