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16 De Julio Group
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The “16 DE JULIO” ["July 16"] communal bank is starting its second loan cycle with Pro Mujer, at the Santiago II community office. It is made up of nine members. The executive board is composed of the president, treasurer and recording secretary. The businesses they pursue are varied: selling blankets and bedspreads; selling condiments; selling flowers; selling decorative items; running a neighborhood store; and operating an Internet café.

In the case of the president, E., she has a stable household and is married with five children, three girls and two boys. With respect to her business, E. produces and sells flowers. She learned this profession from her mother more than 20 years ago. E. reports that she buys flowers which are brought to the Rodríguez Market, but she also sells flowers that she has grown in the Yungas [a forested area of Bolivia] to sell.
When she is asked what she likes about Pro Mujer, she says she likes the savings.
View original language description ↓
La Banca Comunal “16 DE JULIO” iniciará su segundo ciclo en Pro Mujer, en el Centro Focal de Santiago II. Está compuesta por nueve integrantes. La mesa directiva está integrada por la presidenta, tesorera y secretaria de actas. Los negocios que ellas desempeñan son variados: venta de mantas y frazadas, venta de medias, venta de condimentos, venta de flores, venta de adornos, tienda de barrio, tienda de Internet.

En el caso de la presidenta, señora E. tiene un hogar consolidado, casada, madre de cinco hijos, tres mujeres y dos varones. Con respecto al negocio, la señora E. produce y vende flores. Ella aprendió este oficio de su madre hace más de veinte años atrás. La señora E. indica que compra flores que llegan al Mercado Rodríguez, pero que también trae flores que ella ha sembrado en los Yungas, para vender.
Cuando se le consulta sobre lo que le gusta de Pro Mujer ella indica que le gusta el ahorro.

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
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $29,504,650
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 16 De Julio Group's $2,250 loan helped a member buying arapando, iris, nard and daffodil flowers and seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 1, 2010
Listed
Dec 3, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011