MICROCAPITAL BRIEF: Maria Cavalcanti to Serve as New CEO, President of Pro Mujer

Pro Mujer, a US-based nonprofit that provides healthcare, training and financial services to women in Latin America, recently appointed Maria Cavalcanti as its President and CEO. Mark McMahon has managed the organization as interim CEO since the retirement of Rosario Perez in 2015.

“We are thrilled that Maria will be Pro Mujer’s next CEO. She has the perfect combination of private and public sector experience, great skills, and the heart to lead Pro Mujer into the next phase of its life. Most importantly, she is passionate about improving the lives of disadvantaged women across Latin America,” said Pro Mujer’s Chair of the Board, Gail Landis.

“Women’s aspirations are too frequently stymied by poverty, abuse, and denial. I envision a world where women and men are afforded the very same opportunities, respect and value. I look forward to building on Pro Mujer’s legacy of enabling underserved women to realize their full potential,” Maria Cavalcanti said.

As of March 2014, Pro Mujer reported a gross loan portfolio of USD 119 million over 287,000 borrowers.

By Kevin van den Brink, Research Associate

About Pro Mujer

Pro Mujer is a US-based, nonprofit organization that operates in Argentina, Bolivia, Mexico, Nicaragua and Peru. The organization, established in 1990, delivers both financial and non-financial services, such as healthcare and business skills training, through peer groups of 20 to 30 women, known as “communal banks”. As of March 2014, Pro Mujer was active in Argentina, Bolivia, Mexico, Nicaragua and Peru. As of the same date, Pro Mujer Argentina reported a gross loan portfolio of USD 3 million over 10,000 borrowers; Pro Mujer Bolivia reported a gross loan portfolio of USD 55 million over 120,000 borrowers; Pro Mujer Mexico reported a gross loan portfolio of USD 16 million over 38,000 borrowers; Pro Mujer Nicaragua reported a gross loan portfolio of USD 17 million over 56,000 borrowers; and Pro Mujer Peru reported a gross loan portfolio of USD 28 million over 61,000 borrowers.

[1] Pro Mujer, News, “Pro Mujer Appoints Maria Cavalcanti as its New President and CEO” 

MicroCapital Universe Profile: Pro Mujer

Do you know that MicroCapital publishes the MicroCapital Monitor newspaper each month? Find out more athttps://www.microcapital.org/products-page/