Primero De Julio Group

Marina Máxima Apaza is president of the Primero de Julio Group, which belongs to the Collpani community center. She leads the meetings, and everyone makes their internal rules. All of the members have diverse economic activities like selling vegetables, tending a neighborhood store, selling dried food, sweets, meat, chickens, and selling balanced food.

One clear example is Carmen Machaca. She is 42 and has five children. She sells animal food in the 16 de Julio fair. She has worked with Pro Mujer for approximately one and a half years. During this time she has been able to get ahead in her business. With her first loan she bought merchandise and a cart to transport her merchandise.

She now needs a loan to buy more merchandise like bran, corn mash, and yellow flour.

All of them need the loan to buy merchandise and raw material.

Translated from Spanish by Ginny Kalish, Kiva Volunteer

Marina Máxima Apaza presidenta del grupo “1ro de Julio”, que pertenece al Centro Focal “Collpani”, lleva adelante su reunión y entre todas elaboran el reglamente interno. Todas sus integrantes tienen diversas actividades económicas como la venta de verduras, atención de tienda de barrio, venta de alimentos secos, dulces, carne, pollos y venta de alimento balanceado. Un ejemplo claro es Carmen Machaca de 42 años, madre de 5 hijos, se dedica a vender alimento para animales, en la feria 16 de Julio y trabaja con Pro Mujer hace 1 ½ aproximadamente, durante este tiempo ha podido sacar adelante su negocio, ya que con el primer préstamo se ha comprado se ha comprado mercadería y carrito para trasladar su mercadería. Ahora necesita el préstamo para comprar mayor mercadería, como afrecho, afrechillo, frangollo y harina amarilla. Todas ellas necesitan el préstamo para comprar mercadería y materia prima.




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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