A loan of $2,050 helped a member to buy toys at wholesale.

Flor De Los Andes Uno Group's story

The communal bank “FLOR DE LOS ANDES UNO” will start its fifth cycle with Pro Mujer as part of the Centro Focal de los Andes. It has eight members and is run by a board of directors of which Damiana is the Secretary.

The members have a variety of businesses which include: selling books, whistles, vegetables, cell phones, meals, traditional skirts, hats, and plants; as well as construction services, and a neighborhood store. The loan they take out will benefit micro entrepreneurs where Damiana is a member. She states that she joined Pro Mujer four years ago at the invitation of her husband who is a client of the institution.

Currently, Damiana has a business selling toys which she started eight years ago when she noticed that this business has the advantage of being busy at any time of year. The loan will be used to increase capital to buy toys at wholesale. She will buy them from wholesalers in the city of El Alto and then resell them to customers who order them. This way of working allows her to generate income to support her family, as she is married and has two children.

When asked what she likes about Pro Mujer, she responded that she likes the training offered by the institution. The husband of one of the members is In the picture above. He is in a light blue jacket.

In this group: Marcelina, Sonia, Rosmery , Maria Leny , Maura*, Blanca, Maria Elena, Damiana
*not pictured

Translated from Spanish by Kiva volunteer Marcia Margolis

Loan details

Lenders and lending teams

Loan details