A loan of $2,200 helped a member to buy sweets to sell.

Retamas Group's story

The communal bank "Retamas" will begin its eighth loan cycle with Pro Mujer as part of the Villa Exaltación regional center. It consists of nine members and is led by a board of directors, where Señora Ruth is the treasurer. The businesses that the members of the communal bank run are varied; among them are selling blankets and sweets, knitting blankets, neighborhood store, sewing footwear, auto body repair and painting, selling food, selling peppers, mechanic's workshop, and selling CDs.

The loan that they will take out will benefit these little microentrepreneurs, of which Señora Ruth is one. She indicates that this is the fourth year that she has been a member of Pro Mujer, having joined at the invitation of a friend who is a member of the institution. Now she has a business of selling sweets. She lets it be known that she began this business some years ago, since her business is near an educational institution.

The loan that she will take out now is to increase her capital to buy sweets, which she will acquire from the fairs in the city of La Paz and later sell in her sales space. This form of work allows her to generate resources to maintain her family, since she lives in a free union relationship and has a son.

When she is asked what she likes about Pro Mujer, she responds that she likes the areas of credit, health, and training that the institution offers her.

In this group: Olga Barbara, Ruth Vicky , Angela Rosario, Rosario*, Gladys, Patricia Angela, Corina, Eulalia , Rolando
*not pictured

Translated from Spanish by Kiva volunteer Pam McMurry

Loan details

Lenders and lending teams

Loan details