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A loan of $3,025 helped a member purchase socks in bulk.

Emprendedoras Group's story

The communal bank, "Emprendedoras" is entering its first cycle in Pro Mujer, as part of its Los Andes regional office. The group is made up of eight members, and it is led by a board of directors of which Modesta is the president. The members of the group are involved in a variety of businesses including: selling socks, selling athletic clothing, weaving rugs, and selling food.

The loan that they are seeking will be used to help the small businesses of which Modesta is a member. She states that she joined Pro Mujer one year ago after receiving an invitation from a sponsor of the institution who visited her at her home. Currently, she has a business selling socks. She states that she learned this trade a few years ago from a friend who also sold socks. With time, she decided to become independent and start her own business.

The loan that she will receive will be used to increase her capital (purchasing socks in bulk), that she will acquire from wholesale stores in the city of El Alto, and later sell in her store. This form of work allows her to generate an income to support her family. She lives in a common-law marriage, and has two children. When asked what she likes about Pro Mujer, she says that she enjoys the health care offered by the institution.

In this group: Modesta, Ivan Felipe , Lizeth Karen, Maritza , Eliana, Tomasa , Marina, Tania

Translated from Spanish by Kiva volunteer Roberto Henry

Loan details

Lenders and lending teams

Loan details