A loan of $3,575 helped a member to purchase wholesale metal.

31 De Julio Group's story

The community organization "31 De Julio" will begin its first cycle with Pro Mujer as part of the German Busch regional center. It consists of 8 members and is run by a board of directors in which Arminda is the president. The businesses operated by the members of the community organization are varied and include: purchase and sale of metal, a carpentry workshop, selling condiments, sellling photocopies, selling sneakers, selling doors, and selling flowers.

The loan they're taking will benefit the group of micro-entrepreneurs of which Arminda is a member, she states that she's been part of Pro Mujer for four years when she joined after being invited by her aunt, a customer of the institution. Currently she has a metal purchasing business; she says she learned this business from her spouse, who was doing these sales, and they use the material to make industrial equipment.

The loan she's now taking is to increase the working capital (by wholesale purchase of metal) she will obtain from distribution companies in the city of El Alto and subsequently place in her retail space. This type of work allows her to generate income to support her family, since she's in a commonlaw marriage and has five children.

When asked what she likes about Pro Mujer, she answers that she likes the loans and heath services offered by the institution.

In this group: Arminda, Gabriela Patricia, Alison Nataly, Guadalupe, Germana , Herlan Noe , Janeth Roxana, Virginia Maria

Translated from Spanish by Kiva volunteer Manolo Rodriguez

Loan details

Lenders and lending teams

Loan details