A loan of $2,700 helped a member to purchase wholesale wool.

Rosas Y Un Clavel Group's story

The “Rosas y Su Clavel” [Roses and their Carnation] Communal Bank will begin their first cycle with Pro Mujer, as part of the German Busch regional office. The group is comprised of eight members and led by a board of directors with Marcela as president. The members of the communal bank are engaged in varied businesses including selling woven blankets, sundries, clothing, school supplies, and cell phones.

The loan that they are taking out will benefit the small micro-businesses where Marcela is a member. She says that she is new to Pro Mujer, and joined at the invitation of a friend who is a member of the institution. Currently, she has a weaving business and sells clothing. She says that she learned this business form her sister and since she had a little capital, she decided to establish her independent business.

She is taking out the current loan to increase working capital (purchase wholesale wool) that she will acquire at the city markets in El Alto, and later she will develop her sales space and market her products. She lives in a common-law relationship and has two children, and this type of work allows her to generate income to support her family. When asked what she liked about Pro Mujer, she responded that she likes the work that they do in their group and what the institution offers.

In this group: Marcela Jannette, Helen Vitalia, Rosmery Karina, Ivan Armando , Ana Carolina , Nelly Paola, America Karen, Virginia Ynes

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz

Loan details

Lenders and lending teams

Loan details