Women’s Bank claims best repayment rate

www.vheadline.com Posted: Monday, March 10, 2003 By: Patrick J. O'Donoghue

The Women’s Bank (Banmujer) has handed out 29 million bolivares of credits to 58 families in Nueva Esparta in an event which coincided with International Woman’s Day.

Proud Banmujer regional representative, Luisana Rodriguez highlighted the role of hardy island women in the different social programs sponsored by the non-status bank.

“Our bank has one of the highest repayment margins in Venezuela and our credits are effective … the associative economic units we support have developed productive groups and helped women become breadwinners for their families.”