The “Estrella Azul” (Blue Star) communal bank is starting its first lending cycle with Pro Mujer as a part of Centro Focal Panamericana. The communal bank is made up of ten members and overseen by a board of directors. Señora Virginia is the board’s president.
The loan they are taking out will benefit small, micro-entrepreneurs, one of whom is señora Virginia. Señora Virginia currently has a juice business. She says that she learned the business on her own initiative several years ago.
The loan Señora Virginia is taking out is for increasing her capital. She will purchase wholesale fruits and milk from the vendors in La Paz. She will then make the juice and sell it from her sales stall. Her work allows her to generate an income that supports her family financially. Señora Virginia is single and has one son.
In this group: Virginia, Rosmery Justina , Deizy Jeanet, Brahyan , Silvia Eugenia, Gabriela Elsa , Ana Maria , Maria, Mariela, Eugenia
Translated from Spanish by Kiva volunteer Marni SiegalView original language description