A loan of $4,975 helped a member to buy cloth.


16 De Julio Group's story

The communal bank ’16 de Julio’ are starting their eleventh cycle in ‘ProMujer’, belonging to the Regional Office Los Andes. It is made up of nine members and has a board of directors of which Lucia is the President. The businesses that its members have are varied. They include food sales, clothes making, sales of provisions, and crafts.

The loans they receive help the micro-entrepreneurs, of which Lucia is a member. She has been with’ ProMujer’ for 11 years. She joined on invitation by her friends, who are also members. Currently, she has a business making and selling crafts. She tells us that she learnt this trade several years ago when she got married. She used to make and decorate the crafts together with her husband, but since he died, she has carried on with the family business alone.

The loan she is asking for at the moment is to increase her capital (and buy cloth) which she will buy from wholesalers at El Alto city. After preparing her goods, she will sell them at her stall. This work helps her to generate an income to support her family, as she is a widow and has five children.

When she is asked what she likes about ‘ProMujer’, she says the training in health and credit which the institution offers.

In the photograph there is a man dressed in black, who is accompanying the group and his wife with payment.

In this group: Lucia, Cesar, Maximiliana Veronica, Laura Estefani , Cesaria, Zenobia, Concepción , Teresa, Vanessa Esther
*not pictured

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Translated from Spanish by Kiva volunteer Matthew Walker


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