A loan of $3,075 helped a member to buy yarn in bulk.

Jhaguas Pankarita Group's story

The communal bank "Jhaguas Pankarita" will start its 19th cycle in Pro Mujer, as part of the Focal Center of the Exaltación House. It is comprised of 8 members and directed by a board of directors where Norma is the treasurer. The businesses that the members of the communal bank have are varied; among them are: blanket-making, sweater sales, an artisan, a driver, a neighborhood store, and clothing sales.

The loan that they are taking out will benefit small businesses where Norma is a member. She indicates that it is the first year that she is joining Pro Mujer. She joined through the invitation of a friend who is a member of the institution. Currently, she has a business in weaving (with a machine). She initially started this business with hand-weaving; afterward, she decided to speed up production, and for that reason she learned to weave with a machine.

The loan that she is taking out is for increasing capital (the purchase of yarn in bulk), which she will acquire in the stores in the City of El Alto, and after creating products she will sell them in her sales space. This form of work allows her to generate resources to maintain her family since she is divorced and has four children.

When asked why she likes Pro Mujer, she responds that she likes the health trainings, and the loan that the institution offers.

In this group: Rosmery, Clotilde, Carlos Adalid , Ayda, Biker Norma , Sinforiana, Justina, Nieves

Translated from Spanish

Loan details

Lenders and lending teams

Loan details