A loan of $3,650 helped a member to buy material and threads in bulk.

Pensamiento Ii Group's story

The "Pensamiento II" communal bank will begin its first loan cycle through "Pro Mujer's" Panamericana branch office. The group has nine members and is run by a board of directors, which has Yolanda as its president. The members have different business, including selling meat, selling miscellaneous products, selling vegetables, selling milk, and a grocery store.

This loan will benefit small-business owners in Yolanda's group. Yolanda herself tells us that she joined "Pro Mujer" three years ago following an invitation from a friend who is a member of the organisation. Yolanda currently has a business selling embroidered products. She tells us that she learned to do embroidery from her mother, whom she helped with her business as a girl.

This loan will be used to increase capital by buying material and threads in bulk. She will buy these items from bulk sellers in the La Paz department of the country. She will later sell the goods at her sales point. This work allows Yolanda to earn an income in order to support her family; she has a partner and three children.

When asked what it is that she likes about "Pro Mujer", Yolanda tells us that she likes the training and deals offered by the organisation.

In this group: Yolanda, Elena Claudia, Lorenza, Hortencia, Sandra Gabriela, Jimena, Rosa, Primitiva, Rocio Milenka

Translated from Spanish by Kiva volunteer Iain Gaw

Loan details

Lenders and lending teams

Loan details