Luz De Vida Group
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.
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.
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.
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