A loan of $3,275 helped a member to buy wool in bulk.

Flor De Naranjo Group's story

The Communal Bank “Flor de Narajo” (Orange Blossom) is starting its first 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. Gladys serves as the treasurer. The members of this Communal Bank engage in various businesses such as producing macramé blankets, selling undergarments, making sportswear, providing transportation services, knitting ponchos and shawls, weaving, and selling medicines.

This loan will benefit small business owners such as Sra. Gladys. She says that this is her second loan cycle since joining Pro Mujer after receiving an invitation from a friend who is also a member of the organization. Gladys currently has a handicraft business in which she produces blankets and ponchos. She is knowledgeable about this business because she learned the trade from one of her friends who taught her the art of knitting. Later on, she decided to establish her own independent business so that she could generate an income.

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 produce what she sells from her retail space. Working in this manner allows her to generate income for sustaining her family. Gladys is married and has five children.

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

In this group: Teresa , Basilia , Silvia Eugenia, Gladys Beronica, Juana, Adelaida, Fernando , Barbara

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details