A loan of $2,050 helped a member to buy wool.

Central De Cachilaya Group's story

The “Central Cachilaya” communal bank will begin its first cycle with Pro Mujer as part of the Copacabana regional center. It is comprised of eight members, and it is led by a board of directors. Verónica is the president. The businesses of the members of the communal bank are varied, and among them are selling fish, weaving blankets, making blouses, selling cheese, and selling chickens.

The loan that they will take out will benefit small businesswomen where Verónica is a member. She says that this is the first time that she has been a member of Pro Mujer. She joined by invitation from an adviser with the institution who went to visit her at her house. She currently has a business of making sportswear. She learned this business several years ago from a previous job. Later, she decided to undertake her own work space.

The loan that she will now take out is to increase capital to buy wool that she will get from the wholesale vendors in the city of El Alto. After making the sportswear, she will sell it at her sales space. This way of working will allow her to generate resources to support her family. She is married and has one child.

When asked what she likes about Pro Mujer, she replied that she likes the savings that the group realizes.

In this group: Veronica, Julia, Felipa, Yobana, Justa, Julio, Gabina, Eusebia

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details