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Luz De Vida Group
In this Group: Isabel , Elena, Juana, Elena Aurora, Maribel, Sonia, Rosmery, Primitiva, Juan Jose*
* not pictured
The Panamericana Focal Center is in the west side of the city of El Alto. Form a nearby area the “Luz de Vida” (Light of Life) association has emerged. They are now ready to start their second cycle. The group is composed of nine people, eight women and one man.

Isabel is association President. She comments that she became aware of Pro Mujer thanks to the invitation from a promoter. Her business is fruit sales and artisanal blanket weaving. She learned how to weave blankets from her mother. She worked with her for four years. Her first loan was for Bs.1500 and she used it to buy alpaca wool. This new requested loan is for Bs.2500 and it will be used to buy vicuña wool. The wool is bought at the 16 de Julio market and sales are Thursdays and Sundays from 6:30am until 11am at the same market.

When she was asked what she liked about Pro Mujer she answered that she liked everything about it but in particular sharing in the meetings with her fellow group members.

The group members have a variety of different businesses. Some sell coca leaves, other sell vicuña wool. Some are blanket weavers, butchers, grocers and telephone card salespeople.
View original language description ↓
EL Centro Focal de Panamericana se encuentra al oeste de la ciudad de El Alto. De una de las zonas cercanas, ha nacido la asociación “Luz de Vida”, y ahora se encuentran con la disposición de iniciar un segundo ciclo. El grupo está compuesto por nueve personas, ocho mujeres y un varón.
La señora Isabel es la presidenta de la asociación. Ella comenta que conoció a Pro Mujer debido a la invitación de la promotora. El negocio que lleva adelante es la venta de frutas y “artesanía en mantas”. Aprendió artesanías en manta de su madre, trabajo con ella cuatro años. Su primer crédito fue de Bs.1500.- y le sirvió para comprar lana de alpaca. Para este nuevo crédito está solicitando Bs.2500.- para la compra de lana de vicuña.
La lana es comprada de la Feria 16 de Julio y las ventas son realizadas los jueves y domingo de 6:30 a.m. a 11:00 a.m. en la misma feria.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta todo, en particular compartir en la reunión con sus compañeras.

Los integrantes de la asociación comunal, cuentan con negocios diferentes, como por ejemplo: venta de coca, venta de lana de vicuña, artesanía en mantas, carnicería, tienda de barrio, venta de tarjetas.

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
  • 198
    View loans »
    Bolivia Loans Fundraising
  • $31,029,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz De Vida Group's $1,875 loan helped a member to buy vicuña wool.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2010
Listed
Sep 16, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011