A loan of $3,450 helped a member to buy vegetables wholesale.

Perlitas De Franz Tamayo Group's story

The “PERLITAS DE FRANZ TAMAYO” communal bank has started their 5th cycle with Pro Mujer, as part of the Los Andes Regional branch. It is composed of 8 members lead by a board of directors with Rosa as president. The businesses of the members are varied, amongst them are: the sale of vegetables, weaving blankets, selling polleras (the traditional skirt of the Bolivian woman), selling seeds, making beds and selling sand.

The loan will benefit all these micro-entrepreneurs amongst them Rosa. She says that she joined Pro Mujer when a promoter from the institution came and visited her in her house. She has a business selling vegetables. She learned this from her parents as since she was young she helped with the family business.

The loan that she is taking is to increase her working capital, buying vegetables wholesale. She will purchase them in the traditional markets of the city of El Alto and then sell them in her commercial space. This form of work allows her to generate the resources needed to support her family as she lives with her common-law husband and has 4 children. When asked what she liked about Pro Mujer she replied that she liked the savings and health services that the institution offers.

In this group: Rosa , Celia Lidia, Lourdes Janeth, Constancio , Olga , Juana , Modesta , Maria Paz

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Translated from Spanish by Kiva volunteer leonardo

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Loan details