A loan of $2,900 helped a member to buy wool at wholesale.

Vicarani Group's story

The communal bank 'Vicarani' will begin its first loan cycle as part of the Patacamaya regional office. It is composed of 8 members and is governed by a board of directors, of which Sofía is the secretary. The members of the communal bank have a variety of businesses such as selling potatoes, buying and selling sheep and cattle, selling artisanal beds and knitting sweaters, selling shakes, and growing potatoes.

The loan that they will take out will benefit small businesses like Sofía's. She states that this is the first year being a member of Pro Mujer. She joined after being invited by a promoter of the institution who visited her house. Currently, she has a business machine-knitting sweaters. She shares that she learned this business in 6 months at a training center. Afterward, she decided to use this knowledge as a source of employment.

The loan she will take out is to increase her capital (by buying wool at wholesale) which she will get in the city of La Paz and resell in her retail space. This business allows her to generate income to support her family since she is single and lives with her parents. When she was asked what she liked about Pro Mujer, she responded that she likes the trainings the institution offers.

In this group: Justina, Saturnina, Fortunata , Rosalia , Victoria, Teodora, Ricardo, Sofia

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Translated from Spanish by Kiva volunteer Michelle Eddy

Loan details

Lenders and lending teams

Loan details