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Unidad Vecinal C Group
In this Group: Genoveva, Herlinda, Faviola, Isabel, Felicidad, Haydee Lizet, Rosa Francisca, Elisa*, Amalia, Juana
* not pictured
The “Unidad Vecinal C” C.B. [Neighborhood Unity C Communal Bank] will begin their second cycle in ProMujer as part of the Focal Center of The Andes. They have exceeded the first cycle in that they have identified their strengths and their weaknesses. The group is comprised of ten members. The businesses that they undertake are varied: the sale of cheese, milk, potatoes; the sale of dried goods staples; the sale of blankets, the sale of food, the making of sportswear, the sale of oats, the sale of school supplies, the sale of jackets. The directive board is comprised of a president, a treasurer and a secretary of minutes.

Mrs. Genoveva, the communal bank’s president, says that she is part of the C.B. (communal bank) thanks to an invitation from a few friends. Married and the mother of four children, she has been in the sportswear making business for over eight years. Her husband was the one who taught her. She says that over time she has succeeded in developing a quality product and that the quality of the fabric and of the sewing are very important for maintaining a space in the market, as there is a lot of competition.

When asked about what she likes about Pro Mujer, she says that first and foremost are the savings, and secondly she likes the opportunity she has of sharing with her partners.
View original language description ↓
La B.C. “Unidad Vecinal C” iniciará su segundo ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, han superado el primer ciclo en el que han identificado sus virtudes y debilidades. Está compuesta por diez integrantes. Los negocios que ellas desempeñan son variados: venta de queso, leche, papa; venta de abarrotes, venta de mantas, venta de comida, confección de deportivos, venta de avena, venta de material escolar, ventas de chamarras. La mesa directiva está compuesta por una presidenta, una tesorera y una secretaria de actas.

La señora Genoveva, presidenta de la banca comunal, indica que forma parte del B.C. “Unidad Vecinal C” gracias a la invitación de unas amistades. Casada, madre de cuatro hijos, su negocio es el de confección de deportivos, desde hace más de ocho años, el esposo fue quien le enseñó. Comenta que con el tiempo ha logrado desarrollar un producto de calidad y que es muy importante la calidad de la tela y de la costura, para mantener un espacio en el mercado, pues hay mucha competencia.

Cuando se le consulta que le gusta de Pro Mujer, ella comenta que es el ahorro en primer lugar, en segundo lugar la oportunidad que tiene de compartir con sus compañeras.

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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $28,248,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidad Vecinal C Group's $2,950 loan helped a member the purchase of fasteners and thread.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2010
Listed
Nov 17, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011