25 De Marzo Group
Juana, the bank's president, says that she has been working with Pro Mujer for 10 years and became a member of the institution when they were doing some promotional activities in her area.
Juana has a business selling vegetables which she has owned for 17 years. She tells us that she learned the business from her older sister. Juana will use the loan that she is currently requesting to increase her merchandise (buying vegetables). She buys her merchandise in La Ceja, in the city of El Alto and sells it in street markets from Monday to Sunday, from 7.00am to 8.00pm. This work allows her to make the money she needs to support her family. Juana lives with her partner and has three children.
When we asked her what she likes about Pro Mujer, she replied that she likes the comprehensive services they offer, the health services and the loans.
La señora Juana, presidenta de la asociación comunal, indica que trabaja con Pro Mujer hace 10 años y que ingreso a la institución por la promoción en zona que se hizo.
En la actualidad la señora Juana tiene un negocio de venta de verduras que trabaja hace 17 años, nos cuenta que este negocio lo aprendió este oficio de su hermana mayor. El crédito que sacará ahora es para aumentar su mercadería (compra de verduras), la que compra de la Ceja, de la cuidad de El Alto y la venderá en las ferias de lunes a domingo de 7:00 a 20:00. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive en concubinato y tiene tres hijos
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los servicios integrales, salud y crédito.
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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Success!! The loan was 100% repaid