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Mujeres Obreras Group
In this Group: Catalina, Eugenia, Maria Reynalda, Sandra, Narcisa, Magda, Carmen, Milan, Elsa Maria, Julia Francisca, Alcira, Marcelina Eugenia, Jimmy, Susana
After having prepared themselves for three days, the members of the “Working Women” group are readying their request to access a loan. They are led by their board of directors: Catalina A., president; Francisca P., treasurer; and secretary Sandra A.. They all work together to make up the internal rules of the Association, which meets every two weeks in Los Andes.

All the members have their own businesses, such as seamstresses, knitting of aguayos (a regional, colorful cloth), embroidery, selling yarn, candles, clothes, hardware items, carpentry supplies, neighborhood stores, and food sales. Those that are merchants need the loan funds to buy more product. Those that dedicate themselves to production, need the funds to buy raw material.
View original language description ↓
Después de haberse capacitado durante tres días las integrantes del grupo Mujeres Obreras, están preparando su solicitud para acceder al préstamo, liderizadas por su mesa directiva tienen como presidenta a Catalina A., Tesorera es Francisca P. y Secretaria de Actas es Sandra A., todas elaboran su reglamento interno de la Asociación quienes se reunirán cada dos semanas en el Centro Focal Los Andes.
Todas las integrantes tienen sus propios negocios como la costura de prendas de vestir, tejido de aguayo (mantel nativo y colorido), bordado de mantas, venta de lana, velas, ropa, herrería, carpintería, atención de tienda de barrio y venta de comida. Necesitan el préstamo para comprar mercadería en el caso de negocios de comercialización, compra de materia prima para las que se dedican a la producción.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $29,441,350
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Obreras Group's $2,850 loan helped a member to purchase raw materials and merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010