A loan of $4,600 helped a member to buy wool at wholesale.

Amor De Dios Group's story

The communal bank "Amor de Dios" is starting its 2nd loan cycle with Pro Mujer in the Collpani central office. This group has 9 members, and is led by a board of directors where Teodora is the president. The members of this communal bank have a variety of businesses, including: coca leaf sales, blanket-weaving, broom sales, a dental office, sales of Christian religious items, and cosmetic sales.

This loan will benefit all of the small businesswomen in Teodora's group. She states that she joined Pro Mujer 2 years ago at the invitation of a loan officer who went to visit her at her house. Now she has a business weaving blankets. She got to know this business because a friend taught it to her a number of years ago. She was able to learn the technique of weaving, and later she decided to start up a business with this new skill.

Teodora will use this loan to increase her capital (to buy wool at wholesale). She will buy from the traders in the city of La Paz, and later she will make the blankets and sell them from her retail space. By working this way, she can generate resources to support her family. She is married and has 8 children.

When asked what she likes about Pro Mujer, she answered that she likes the savings accounts offered by the institution and her group.

Note: one of the members of this group does not appear in the photo because they had a doctor's appointment.

In this group: Teodora, Xenia Gaby, Maria Olivia, Jesusa, Ignacio, Lidia , Yda Rosa , Rosmery Jhovana *, Leticia Aidee
*not pictured

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Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

Lenders and lending teams

Loan details