Check out some available loans that are similar to this one!
Arenas Del Mar Group
In this Group: Dionicia Plácida, Rita Elza, Cayetana, Natividad, Angelica Benita, Eulalia, Maria Eugenia, Margot Janett, Sabina, Rufina
A loan group which has completed nine cycles in a focus centre, "Arenas del Mar" is considered mature, as it has already experienced communal living. Over time the loan group has also developed a relationship with the focus centre, which in this case is Centro Focal Santiago II.

Dionicia is the president of the association and one of its oldest members. She says she has been working with Pro Mujer for about five years. She became a member of the group at the invitation of her sister-in-law. She started by weaving for other people, that is, she worked as labourer for six years. Afterwards she realised that she could become independent and she started her own business weaving and selling alpaca wool blankets. Her first loan was for Bs1200, which she used to purchase alpaca wool to make the blankets. The loan she has now requested, for Bs.1500, is for the same purpose. Two more people help her with the business. At the moment she only has one child and lives with her partner. What she most likes about Pro Mujer is the chance to meet with the other members and get some training.

The members in the loan group all have different business, including selling clothes, selling meat, selling vegetables, selling metals, a neighbourhood shop, metal smelting, selling potato flour and potato, weaving and selling alpaca wool blankets.
View original language description ↓
Una asociación comunal que ha renovado su crédito, nueve ciclos como “Arenas del Mar” en un Centro Focal, es considerada madura, pues ya han experimentado la convivencia en grupo. Por otro lado la asociación comunal en el tiempo también desarrollan una relación con el Centro Focal, en este caso con el C.F. Santiago II.

La señora Dionicia es la presidenta de la asociación, es una de las socias más antiguas, ella comenta que ya trabaja con Pro Mujer cerca de cinco años. Ingreso a esa asociación gracias a la invitación de su cuñada. Inicio el negocio tejiendo para otras personas, es decir trabajó como mano de obra durante 6 años, luego viendo que podía independizarse, comenzó con su propio negocio de tejido y venta de mantas de lana de alpaca. El primer préstamo fue de Bs1200.-, fue utilizado para la compra de lana de alpaca para elaborar las mantas. El préstamo actual que solicitó fue de Bs.1500.-, con la misma finalidad. Le colaboran dos personas en este trabajo. Al momento tiene solo un hijo y vive con su pareja. Lo que le gusta más de Pro Mujer es la posibilidad de reunirse con sus compañeras y capacitarse.

Los integrantes de la asociación comunal, cuentan con negocios diferentes, como por ejemplo: venta de ropa, venta de carne, venta de verduras, venta de metales, tienda de barrio y fundición de metal, venta de chuño y papa, tejido y venta de mantas en lana de alpaca.

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
  • 134
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Arenas Del Mar Group's $3,725 loan helped a member alpaca wool.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2010
Listed
Sep 15, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011