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Fe Y Esperanza Group
In this Group: Julia, Cruz, Lucila, Martha, Silvia, Freddy Hernan, Marina, Eva, Nely, Norma Fidelia, Susana
The Fe y Esperanza (Faith and Hope) Community Bank is beginning its first loan cycle with Kiva partner Pro Mujer. It is part of the Senkata central office. Fe y Esperanza is a new group formed to access credit, training, and health education, and is composed of ten woman and one man. They run several businesses: crafts (knitting wool sweaters), neighbourhood shops, making ponchos from angora wool, knitting baby clothes, sportswear sales, cosmetics sales, vegetable sales, food sales, and weaving ponchos by hand.

Señora Julia is president of the group. She is married and has four children. This is her first loan cycle. She became part of the group after being invited by the development officers of Pro Mujer who were in the neighbourhood to explain the program. Four months ago Sra. Julia opened a store in her house. It is open from 7 am to 9 pm. Her children help her run the store. She plans to buy more stock with her loan.

Of the advantages offered by Pro Mujer, Julia most likes working with the other women and having access to health services.
View original language description ↓
La B.C. “Fe Esperanza” inicia su primer ciclo en Pro Mujer, como parte del Centro Focal de Senkata, es un grupo nuevo que se ha agrupado para recibir los servicios de crédito, capacitación y atención en salud. Está compuesta por once integrantes, diez mujeres y un varón. Los negocios que desempeñan son variados: Artesanía (tejido de chompas de lana), tienda de barrio, elaboración de mantas de lana de angora, tejido de ropa de bebé, tienda de barrio, compra- venta de deportivos, venta de cosméticos, venta de verduras, venta de comida, tejido a mano de mantas.

La señora presidenta de la banca comunal, la señora Julia, casada, madre de cuatro hijos, comenta que este es su primer ciclo, indica que forma parte del B.C. “Fe y Esperanza” gracias a la invitación de los promotores de Pro Mujer, quienes fueron a su zona para dar a conocer de los servicios de Pro Mujer. La señora Julia abrió hace cuatro meses una tienda de barrio en su domicilio, por iniciativa propia, la tienda está abierta desde las 7 de la mañana hasta las 9 de la noche, para su atención cuenta con la ayuda de sus hijos. Su crédito de Bs. 1000.-, este monto será invertido en la compra de mercadería para surtir su tienda.
Cuando se le consultó que le gusta de Pro Mujer, ella comenta que le gusta trabajar con las señoras y el consultorio de salud.

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
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,613,275
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe Y Esperanza Group's $2,225 loan helped a member to buy staples such as rice, pasta etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2010
Listed
Nov 16, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011