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Kantutitas De San Simon Group
In this Group: Flora María, Rosa, Paulina, Cilia, Celia, Brigida, Barbara, Martha Yolanda, Wilma Nery
The “Kantutitas de San Simón” communal bank will begin its first cycle with Pro Mujer. As part of the Panamericana Regional Hub, the group has met to apply for a loan and to receive training and health services. The group has nine members. They work in a variety of businesses: tile sales, a workshop for making backpacks, carpentry shop, various items, sales of cleaning products, knitting shop, knitted items and embroidery shop.

The “Kantutitas de San Simón” communal bank has a board of directors: Flora is the president, Yolanda is the treasurer and Celia is the recording secretary.

Flora, the communal bank's president, says this is her first experience as a Pro Mujer member. Her business is selling “cachivaches” (a name for the small items that are used around the home, such as toothpaste, clothes hangers, shoelaces, toothbrushes, etc.). She has had this business for two years, making her sales at the markets in El Alto on Tuesdays and Sundays. This loan will give Flora the chance to add to her merchandise and have better earnings.
View original language description ↓

La B.C. “Kantutitas de San Simón” iniciará su primer ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, se han reunido para solicitar crédito y recibir servicios en salud y capacitación. Está compuesta por nueve integrantes. Los negocios que ellas desempeñan son variados: Venta de Tejas, taller para elaborar mochilas, taller de carpintería, artículos varios, venta de productos de limpieza, taller de tejidos, tejidos y taller de bordado.
La B.C. “Kantutitas de San Simón” está dirigida por una mesa directiva: la señora Flora es la presidenta, la señora Yolanda es la tesorera y la señora Celia es la secretaria de actas.
La señora Flora, presidenta de la banca comunal, indica que esta es su primera experiencia como socia de Pro Mujer. Su negocio es la venta de “cachivaches”(nombre que le da a los productos pequeños que se utilizan en el hogar, como por ejemplo: pasta dental, ganchos de ropa, agujetas, cepillos de dientes y otros). Lleva adelante este negocio desde hace dos años, las ventas son realizadas en las ferias de la ciudad de El Alto los días martes y domingo. El crédito solicitado le dará la oportunidad a la señora Flora de aumentar su mercadería y tener mejores ganancias.

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kantutitas De San Simon Group's $3,100 loan helped a member purchase toothpaste, creams, clothes hangers, batteries.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011