A loan of $5,600 helped a member to buy cell phone parts.

Nuevo Corazon Group's story

The “Nuevo Corazon” communal bank will begin its twenty third loan cycle with Pro Mujer, as part of the regional office in German Busch. It is made up of eight members and led by a leadership group where Reina is the president. The businesses that the members of the communal bank have are varied. Among them are: selling weavings, selling furniture, selling lamb meat, embroidery, underskirts, cell phone accessories, sweets, and transportation services.

The loan they will obtain will benefit the small business owners where Reina is a member. She explains that she joined Pro Mujer eleven years ago. She joined at the invitation of a friend who was a member of the institution. She currently has a store where she sells cell phone parts. She explains that she started this business twelve years ago because she knew the business.

The loan that she will obtain will be for increasing capital (buying cell phone parts) that she will get at the wholesale stores in the city of La Paz. She will sell them in her store. This work allows her to earn an income to support her family, since she lives in a common law marriage and has three children.

When asked what she likes about Pro Mujer, she responds that she likes the saving that the group builds up.

In this group: Reina Serafina , Paulina, Marcos, Carlota, Pascuala, Alicia , Nelly, Susana

Translated from Spanish by Kiva volunteer Jennifer Day

Loan details

Lenders and lending teams

Loan details