Funded

Total loan: $3,000
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Manuel Ascencio Padilla Iii Group


A loan of $3,000 helped a member to buy ingredients.


Manuel Ascencio Padilla Iii Group's story

The “MANUEL ASCECIO PADILLA III” communal bank is in its second cycle with Pro Mujer, as part of the Los Andes center. It’s made up of eight members and directed by a board of directors where Virginia serves as the president. The members’ businesses include a neighborhood store, fruit sales, sweater knitting, sulles sales (Andean rituals), food sales, locksmith services, and art in dolls.

This loan will benefit their small businesses, including Virginia’s. She has been with Pro Mujer for two cycles, having joined on the invitation of another member. She sells food and says that she learned this business several years ago, by helping her aunt make food. After some time she decided to set up her own space from where she currently sells her products.

This loan will allow her to increase her working capital and rice, cooking oil, and potatoes from the large suppliers in El Alto then sell the merchandise in her stall. This type of work allows her to generate income to support her family. She is married and has two children.

When asked what she likes about Pro Mujer, she says that she likes the loans, health, and training that the institution offers.

In this group: Virginia , Marcela , Petrona, Damiana Modesta, Neolinda, Dionicia, Walter , Manuela
*not pictured

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Translated from Spanish by Kiva volunteer Hugo Reyes


Loan details

Loan length:

9 months
Disbursed date: October 31, 2013
Facilitated by Field Partner: Fundación Pro Mujer

Lenders and lending teams




Loan details

Loan length:

9 months
Disbursed date: October 31, 2013
Facilitated by Field Partner: Fundación Pro Mujer