Union Pro Mujer Group


Status: Paying Back

$4,650.00   Loan Amount
90% repaid

About the Group

Group Name: Union Pro Mujer Group
Group Members: MARIA ANTONIA COLQUE
FIDELIA RODRIGUEZ
MARTHA NATALIA QUISPE
CHARO ROSA CONDE
CARLOTA QUIZO
BLANCA YUJRA (not pictured)
GLADYS MAYTA
MATILDE MAMANI
ESTELA AGUILAR
GLADYS VIRGINIA MARIN
ZELMA ISABEL POCOACA (not pictured)
DAVID FELIPE QUEZADA
Location: El Alto / La Paz, Bolivia
Activity: Retail

About the Loan

Loan Amount: $4,650.00
Loan Use: Buy merchandise
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 23, 2009
Date Disbursed: Jun 3, 2009
Date Funded:Jun 24, 2009

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.0200 BOB = 1 USD



The Unión Pro Mujer group has worked together with Pro-Mujer for over ten years. They currently have 12 active members. They have shown themselves to be an organized group regarding their loan payments.

Most of the group members are married and have families. They need to look for other sources of income since their children’s needs increase every day.

Within the group there are different businesses such as selling used clothes, provisions, and cosmetics. Other group members weave blankets from vicuna wool. Most of them sell products at the fairs in the city.

They need capital to be able to buy a larger quantity of merchandise or products. This way they will generate greater income, which will allow them to provide for the well being of their families.

Translated from Spanish by Ginny Kalish, Kiva Volunteer


La asociación denominada “Unión Pro mujer” trabaja junto a Pro-Mujer hace más diez, a la fecha cuenta con doce socias activas, ellas han demostrado ser un grupo organizado en cuanto a sus cuotas de crédito.
Dentro el grupo la mayoría están casadas y con familias, se ven en la necesidad de buscar otras fuentes de ingresos ya que las necesidades de sus hijos aumentan día a día.
Existen diferentes negocios dentro la asociación como ser; la venta de ropa usada, víveres, cosméticos otras también se dedican al tejido de mantas, en lana de vicuña. La mayoría de ellas venden sus productos en ferias de la ciudad Necesitan capital para poder comprar mayor cantidad de mercadería o productos, de esta manera generar mayores ingresos que les permita ofrecer bienestar a 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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Journal entries for Union Pro Mujer Group


Loan has been disbursed
 
Entrepreneur: Union Pro Mujer Group
Location: El Alto / La Paz, Bolivia

Thank you for your loan. It has been disbursed to UNION PRO MUJER Group, consisting of MARIA ANTONIA COLQUE, FIDELIA RODRIGUEZ, MARTHA NATALIA QUISPE, CHARO ROSA CONDE, CARLOTA QUIZO, BLANCA YUJRA, GLADYS MAYTA, MATILDE MAMANI, ESTELA AGUILAR, GLADYS VIRGINIA MARIN, ZELMA ISABEL POCOACA, DAVID FELIPE QUEZADA by Pro Mujer Bolivia in Bolivia. We are excited to watch this business grow. Over the 5 months of this loan, Pro Mujer Bolivia will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from El Alto / La Paz, Bolivia
Jun 25, 2009
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Kiva Help Repayment Schedule for Union Pro Mujer Group

  Expected Repayments Actual Repayments Comments
August 2009 $422.73 $422.73 Repayment Received
September 2009 $845.46 $845.46 Repayment Received
October 2009 $845.46 $845.46 Repayment Received
November 2009 $1,268.19 $1,268.19 Repayment Received
December 2009 $845.46 $845.46 Repayment Received
January 2010 $422.70 Available Jan 1