A loan of $4,025 helped a member to buy wholesale fruit.


Fuente De Vida Group's story

The communal bank "Fuente de Vida" ("Life Source") will start its twenty-seventh cycle in Pro Mujer, as part of the Centro Focal de Panamericana (Pan-American Focal Point). It is made up of nine members and is directed by a board of directors, of which Alejandra is President. The businesses that the members of the communal bank take on are varied. Between themselves there are: a grocery store, the knitting of sweaters, shoes sales, the sale of replacement parts for cars, juice sales, the sewing of bedspreads and vegetable sales.

The loan that they will take out will benefit small microenterprises of which Alejandra is a member. She has indicated that she joined Pro Mujer ten years ago, being admitted upon visiting the institution and observing that everything they offered her was favorable for her family. Currently she has a business selling juice. She says that she learned this business from observing that it was profitable. Furthermore, she had the tools to go to market.

The loan that Alejandra will take out now is for increasing capital (by the purchase of wholesale fruit) that she will acquire from the outdoor markets in the city of El Alto and afterwards will sell in her sales space. This way of work allows her to generate resources to maintain her home as much as possible, because she is married and has three children.

When Alejandra is asked what she likes about Pro Mujer, she answers that she likes the savings that the institution offers her.

In this group: Alejandra, Estela , Juana, Albertina , Benedicta , Esperanza, Beatriz , Paulina , Hilda

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Translated from Spanish by Kiva volunteer Alyssa Hopun


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Loan details