A loan of $2,475 helped a member to buy fabric.

El Prado Group's story

The communal bank group "El Prado" will begin their second loan cycle with Pro Mujer, as part of the regional office Centro Focal de Los Andes. The group is made up of eight members and is run by a board of directors, of which María is the president. The members of the bank group are engaged in various businesses, among them the following: selling blankets, selling cheese, selling clothing, selling sweets, and selling chargers.

The loan they will take out will benefit small micro-entrepreneurs, of which María is one. She indicates that she has been part of Pro Mujer for six months, having joined at the invitation of a friend who is a member of the institution. She currently has a business sewing vests; she lets us know that she learned this business when she went to work in Brazil. When she gathered a small amount of capital she decided to return to Bolivia and open her own workspace.

The loan she will now take out is for the increase of capital to buy fabric, which she will get in the wholesale stores in the city of El Alto, and later, after working with it, she will sell it in her place of sale. This work allows her to generate resources to support her family, as she is married and has two children.

When asked what she likes about Pro Mujer, she says that she likes the meetings of her communal bank.

In this group: Maria Eugenia, Juana Benita, Salome, Beatriz Aurelia , Betty Victoria, Lidia, Agustin, Judith Rosario
*not pictured

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Translated from Spanish by Kiva volunteer Elizabeth Meravi

Loan details

Lenders and lending teams

Loan details