A loan of $2,550 helped a member to buy fabric.

Prosperidad2 Group's story

The“PROSPERIDAD 2” communal bank will begin its fifth cycle in Pro Mujer as a part of the Cascada center. It is made up of nine members and led by a board of directors of which Basilia is the president. The businesses that the members of the communal bank have are varied. Among them are making skirts, making blankets, an embroidery workshop, making sports clothing, weaving blankets, making macramé.

The loan they will take out will benefit the micro businesswomen, including Basilia. She says that she has been in Pro Mujer for three cycles. She joined at the invitation of one of her friends who are members of the institution. Right now, she has a business making skirts and blankets. She says that she learned this business in a technical institute where they taught her to make and sell these products.

The loan she will take out now is to increase capital by buying fabric that she will acquire in the traditional stores of the city of El Alto. After making her products she will sell them in her sales space. This type of works allows her to generate resources to support her family, since she is in a common law marriage.

When asked what she likes about Pro Mujer, she says that she likes the credit and health trainings that they have in the institution.

In this group: Basilia, Nelly, Agustina , Susana Marisol, Senovia, Nicolasa Rogelia, Juana, Catalina , Lidia

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Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

Lenders and lending teams

Loan details