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A loan of $3,850 helped a member to buy wool.

Esmeralda Group's story

The “Esmeralda” communal bank will begin its 12th cycle with Pro Mujer as part of the German Busch regional center. It is comprised of eight members and led by a board of directors. Clara is the president. The businesses of the communal bank members are varied and include the production of potatoes and fried ‘chicharrones’ [fried pork rinds], selling hardware, selling food, sewing backpacks, knitting clothes, macramé, and making blankets.

The loan that they will take out will benefit small businesswomen where Clara is a member. She says that she joined Pro Mujer seven years ago by invitation from a friend who is a member of the institution. She currently has a macrame business. She says that she undertook this business because she knew how to macrame, which she learned at an institute.

The loan she will now take out is to increase capital to buy wool. She will get it from the wholesale vendors in the city of El Alto. After making her product, she will sell it at her sales stand. This way of working allows her to generate income to support her family. She is married and has three children.

When asked what she likes about Pro Mujer, she replied that she likes the health components.

In this group: Clara Rosalia, Maritza , Patricia, Pamela, Lourdes, Norah , Lucia, Maria Elena

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details