Cuestion De Fe Group

In the Los Andes area in the city of El Alto, there exists a center by the same name. It is to this center that “Cuestión de Fe,” an association of thirteen members, belongs. With the help of their loan advisor, this kind group of women work enthusiastically with Pro-Mujer to improve their businesses. The majority of the women are married with children of various ages. The daily household costs increase everyday and the incomes that they earn are insufficient to cover their basic needs.

The group produces a variety of products. Flora, for example, makes and sells yogurt. Others sell cellphone cases, videos, school supplies and makeup. They are hoping for more credit so that they can purchase wholesale products and increase their sales. The members of the group are confident that they can improve their incomes and their economic situation for the benefit of their families.

Translated from Spanish by Priya Bapat, Kiva Volunteer

En la zona Los Andes, de la ciudad de El Alto se encuentra ubicado el centro focal del mismo nombre, a este pertenece la asociación “Cuestión de Fe” formado por trece socias.
Un grupo muy simpático que con la ayuda de su asesora de créditos, trabajan junto a Pro-Mujer con mucho entusiasmo de mejorar en sus negocios.
La mayoría de ellas son casadas y niños de distintas edades nos cuentan que los gastos diarios que tienen en sus hogares crecen cada vez mas y los ingresos que tienen ya no son suficientes para cubrir necesidades mínimas
Este grupo tiene diversas actividades; Flora por ejemplo se dedica a la elaboración y venta de yogurt, otras venden estuches para celulares, videos, material escolar, cosméticos. Desean mayor crédito para la adquisición de productos al por mayor, para ampliar sus ventas, tienen la seguridad que mejoraran sus ganancias y su situación económica para el bien de sus familias.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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