A loan of $3,125 helped a member to buy potatoes and rice.

Floricielo Group's story

The communal bank ‘Floricielo’ is starting its first cycle with ‘Pro Mujer’, as part of the Regional Office of Collpani. It is made up of eight members and is led by a board of directors, of which Felipa is the President. The businesses that the members have are varied. They include the sale of food, woven textiles and livestock.

The loans that they receive help the small micro-entrepreneurs, where Felipa is a member. She tells us that it is her first time with ‘Pro Mujer’. She joined after being invited by a representative who visited her house. She has a business selling food, which she started after making an in-depth analysis of both the products and the customers on the market.

The loan is to increase her capital so she can buy rice and potatoes, which she will buy in the areas of La Paz and then sell on her stall. This work allows her to generate an income to support her family as she is a single mother with four children.

When asked what she likes about ‘Pro Mujer’, she tells us that it is the insurance that they offer.

In this group: Felipa, Vilma, Virginia, Fidel , Julia , Elizabeth, Claudia Luisa, Cacilda

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Translated from Spanish by Kiva volunteer Matthew Walker

Loan details

Lenders and lending teams

Loan details