A loan of $5,325 helped a member to buy vegetables wholesale.

Esperanza Group's story

The “ESPERANZA” communal bank has started their second cycle with Pro Mujer, as part of the Villa Exaltación branch. It is composed of 8 members who are lead by a board of directors of whom Laura is the Secretary. The businesses of the members are varied, including: the sale of quinoa juice, the sale of vicuña wool, making bread, selling roasted chicken, transportation services, and making backpacks.

The loan will benefit all these micro-entrepreneurs, of whom Laura is one. She says that she joined Pro Mujer eight months ago on the invitation of a friend who is a member of the institution. Currently her business is selling food. She explains that she learned how to do this through the work she did before. She decided to open her own commercial space.

The loan she is requesting is to increase her capital, buying vegetables wholesale, which she will acquire from wholesalers in the city of El Alto. She'll later sell them in her commercial space. This way of working allows her to support her household as well as possible. She is single and lives with her parents. When asked what she likes about pro Mujer, she stated that she liked the attention she receives from the staff of the institution.

In this group: Victoria Cesaria , Maria Patricia, Tomasa Teresa, Lucia, Patricia Gertrudis , Carlos Fernando, Laura Andrea, Rosarios Rosmery

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Translated from Spanish by Kiva volunteer leonardo

Loan details

Lenders and lending teams

Loan details