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Señor De Mayo Group
In this Group: Miriam Fernanda, Prudencia, Juana Rosa, Paulina*, Delia Santusa, Fany Marisol, Felipa Susana, Susan Dolores, Elizabeth Remedios, Rosmila, Angela, Doris Mabel, Silvia Cinthya
* not pictured
“Señor de Mayo” (Lord of May) is a group of 13 women who attend their meetings at the Alto Lima Community Center. They have been together for approximately six years. The members gathered to access a loan from which they all could benefit because they needed to improve and expand their businesses.


One of the members is Miriam C., who was invited to join by one of her cousins who was already part of the group. During this time, she has taken advantage of all the services offered by Pro Mujer. Miriam has been selling clothes at different fairs throughout El Alto for four years. She plans to use her loan to buy more merchandise so that she can continue generating revenues and provide the basic necessities for her two children.


The other members have different businesses in the retail, manufacturing, and service sectors. All of them need this loan to improve their businesses.

View original language description ↓
“Señor de Mayo” es un grupo de 13 señoras que asisten a sus reuniones en el Centro Focal “Alto Lima”, están juntas hace 6 años aproximadamente. Se agruparon por la necesidad de mejorar y ampliar sus negocios y de esta manera acceder al préstamo y beneficiarse todas.
Una de las integrantes es Miriam C. que ingreso al grupo por invitación de sus primas que ya estaban en el grupo y durante este tiempo ha podido participar de todos los servicios de Pro Mujer. Ella se dedica a vender ropa en diferentes ferias de la ciudad de El Alto, hace 4 años, con el préstamo tiene planificado comprar más mercadería y seguir generando ingresos que le permitan satisfacer las necesidades básicas de sus dos hijos.
Las demás integrantes tienen diversos negocios que se dedican a comercio, producción y servicio. Todas requieren el préstamo para mejorar sus negocios.

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

  • $5,500
    Average annual income
  • 223
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 7.2
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Mayo Group's $4,275 loan helped a member purchase merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2010
Listed
May 8, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2010