A loan of $2,575 helped a member to buy meat at wholesale prices.

Arco Iris Group's story

The “Arco Iris” [Rainbow] community bank will begin its second loan cycle with Pro Mujer as a part of the regional office of Villa Exaltación. It is made up of eight members and is led by a leadership group with Vilma as the president. The businesses that the members of the communal bank have are varied. Among them are: selling beds, selling food, selling candles, selling grains, selling potatoes, selling cosmetics, meat, and sewing clothing.

The loan they will obtain will benefit small business owners where Vilma is a member. She explains that it was three years ago that she joined Pro Mujer. She joined at the invitation of an advisor at the institution who went to visit her in her house. She currently has a butcher shop. She explains that she started this business twenty years ago with a small amount of capital and over time it grew.

The loan that she will obtain now is for increasing her capital (buying meat at wholesale price) that she will buy in the markets in the city of La Paz and then sell at her store. This work allows her to earn an income for supporting her family, since she lives with her partner and has two children.

When asked what she likes about Pro Mujer, she responds that she likes the loans, health care, and training that are offered by the institution.

In this group: Vilma, Dora Yobana, Daniela, Fernando Marcelo , Maruja Domitila , Emiliana, Clara Emiliana , Silvia

Translated from Spanish by Kiva volunteer Jennifer Day

Loan details

Lenders and lending teams

Loan details