A loan of $5,100 helped a member to buy wool in bulk.

Primas De Huayna Potosi Group's story

The Communal Bank “Primas de Huayna Potosi” is starting its third loan cycle with Pro Mujer as part of the Panamericana Community Center. This group consists of eight members and is led by a Board of Directors in which Sra. Irene serves as the president. The members of this Communal Bank engage in various businesses such as buying and selling livestock, selling straw mattresses, selling baskets, selling coca leaves and alcohol, selling sheep, and producing handmade baskets.

This loan will benefit small entrepreneurs such as Sra. Irene. She says that this is her third year since joining Pro Mujer after she received an invitation from an advisor with the organization who visited her at her house. Irene currently has a handicraft business. She is knowledgeable about this line of work because she learned the trade from her mother, who also has the same type of business. With a small amount of capital, Irene started her business several years ago and continues to manage it to this day.

The loan she is receiving now will be used to increase her capital for buying wool in bulk. She acquires her supplies from the distribution stores in the city of El Alto and then uses them to make the products that she sells from her retail space. Working in this manner allows her to generate income for sustaining her family. Irene is married and has four children.

When asked what she likes about Pro Mujer, Irene said that she enjoys the health seminars that are offered by the organization.

In this group: Irene , Ines , Maria Cristina , Betania , Viviana , Teodora, Epifania , Javier Edgar

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details