A loan of $5,475 helped a member to buy wholesale clothes.

Flor De Estaño Group's story

The communal bank “FLOR DE ESTAÑO” is beginning its eighth loan cycle with Pro Mujer at the German Busch central office. The communal bank consists of eight members, and is led by a governing body whose president is Angélica. The members' businesses are varied, and include: selling clothes, selling meals, selling different types of potatoes, running a decorations shop, running an ironmongery, selling flowers and running a poultry shop.

The loan they are taking out will help small micro entrepreneurs including Angélica. She says that she has been a member of Pro Mujer for 4 years, and that she became a member on the invitation of a friend who is a member of the organisation. She currently has a clothes-selling business, and she states that it was a family business and that when she got married she decided to run her own independently. The loan she is now taking out is for increased capital to buy wholesale clothes, which she will buy in the markets of El Alto city so that she can sell them afterwards in her place of business. This form of work allows her to make an income to maintain her family, as she is married with four children.
When asked what she likes about Pro Mujer, she answers that she likes the ability to save money that the organisation offers her.

In this group: Angelica , Regina Natividad, Jhoan Noemy, Jonnathan Gilbert, Veronica Claudia, Martha, Martha, Alejandra

Translated from Spanish by Kiva volunteer Sharon Rees

Loan details

Lenders and lending teams

Loan details