Another story coming to us courtesy of the CGAP-MIX Capital Markets Update newsletter, Pro Mujer Bolivia received a USD 500,000 loan from Hivos-Triodos Fund and a USD 500, 000 loan from responsAbility Global Microfinance Fund. Pro Mujer is an international microfinance network which offers an integrated package of services including loans, savings, business training, healthcare and education to Latin America’s poorest female entrepreneurs. Established in Bolivia in 1990, Pro Mujer also operates in Argentina, Mexico, Nicaragua and Peru. Pro Mujer Bolivia is Pro Mujer’s pilot program, and has been the model on which all the other country programs have been built. As of December 2006 Pro Mujer Bolivia had 74,106 active borrowers. Its gross loan portfolio equaled USD 13,588,275, total assets equaled USD 18,320,623, total equity equaled USD 8,573,644 and its debt to equity ratio was 113.69%.
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