A loan of $2,675 helped a member to buy school materials.

Renacer Group's story

The "Renacer" communal bank is beginning its tenth loan cycle with Pro Mujer, through the Los Andes regional office. This communal bank is made up of eight members and is run by a board which has Catalina as its president. The members of the communal bank have different businesses, including selling cosmetics, knitting blankets, selling meals, selling jumpers, selling chocolate, a book shop and a shop selling photocopiers.

This loan will benefit the small-time businesswomen in Catalina's group. Catalina herself tells us that she joined Pro Mujer a year ago, following an invitation from a friend who is also a member of the bank. Catalina has a bookshop. She says that she started this business following recommendations from relatives, who knew how to run such a business.

This loan will be used to increase working capital, by buying school materials from the regional fairs in La Paz. Catalina will then sell the items in her shop. This work allows Catalina to earn an income to pay for her studies. Catalina is single.

When asked what it is that she likes about Pro Mujer, Catalina tells us that she likes the loans, the health education and the training which is offered by the organisation.

In this group: Rosario Catalina, Elena Paulina, Ritha, Osvaldo , Elizabeth Irene, Lidia Julia, Clene Lody, Guadalupe

Translated from Spanish by Kiva volunteer Iain Gaw

Loan details

Lenders and lending teams

Loan details