A loan of $4,325 helped a member to buy paint wholesale.

6 De Mayo Ii Group's story

The communal bank "6 de Mayo" is starting their first loan cycle with the field partner, Pro Mujer, as part of the Regional Hub of Collpani. The group is formed by 10 members and is led by a board of directors, where Beatriz is the president. The businesses carried out by the communal bank’s members are varied; among them are a grocery store, sign painting, selling fried chicken, hat knitting, natural medicine, cosmetic sales, fish sales.
The loan that they will take out will benefit small micro-businesswomen, one of whom is Beatriz. She says that this is their first time with Pro Mujer, joining at the invitation of a friend who is a member of the organization. Currently, she has a business painting signs. She learned the trade from her husband. When they married, he already had his own workshop. Beatriz later decided to become independent and have her own business.
The loan that she will take out now is to increase the working capital, purchasing paint wholesale from merchants in the city of La Paz. She will then store them in her selling space, because she works based on customer request. This way of working allows her to generate income to support her family because she is married and has two children.
When asked what she enjoys about Pro Mujer, she replied that she likes the savings and the health area offered by her institution. In the picture, one of the members is missing because she had to leave early due to work reasons.

In this group: Beatriz, Daniela Juana, Martha, Ercilia Lucia , Nieves Bania, Erika , Calixto , Cristina*, Eulalia Carolina, Ruth Sonia
*not pictured

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Translated from Spanish by Kiva volunteer Leticia Barbero

Loan details

Lenders and lending teams

Loan details