A loan of $2,775 helped a member to buy rice, sugar, and cooking oil.

Yunguyo Group's story

The “YUNGUYO” communal bank is in its eighth cycle with Pro Mujer, as part of the Los Andes center. It’s made up of nine members and directed by a board of directors where Claudia serves as the president. The members’ businesses include knitting sweaters, a neighborhood store, shoe making, selling hairclips, blanket knitting, petticoat making, and selling food.

This loan will benefit their small businesses, including Claudia’s. She has been with Pro Mujer for two years and joined on the invitation of a promoter who visited her in her home. She has a food business and says that she learned this business 20 years ago by watching these items being widely sold in the market.

This loan will allow her to increase her working capital and buy rice, cooking oil, noodles at the traditional fairs in the city of El Alto, and sell the merchandise in her stall. This type of work allows her to generate income to support her family, since she is a widow and has six children.

When asked what she likes about Pro Mujer, she says that she likes the training on savings.

In this group: Claudina, Sandra, Roxana, Filomena Pascuala, Rosalia, Julia, Filomena, Rosalia, Martina

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Translated from Spanish by Kiva volunteer Hugo Reyes

Loan details

Lenders and lending teams

Loan details