Elena, the bank's president, tells us that she has been with Pro Mujer for ten years. She currently has a business selling meals and working in a public bathroom. She has been doing this work for seven years and started on her own initiative.
Elena will use this loan to buy supplies (for cooking her meals). She makes her sales from Monday to Saturday, from 12.00pm to 2.00pm, in Villa Dolores, in the city of El Alto. This work allows her to make money with which to support herself. She is single.
When we asked Elena what she likes about Pro Mujer she replied that she likes the training and the health services.
La señora Elena, presidenta de la asociación comunal, indica que participa hace diez años en Pro Mujer. En la actualidad ella tiene un negocio de venta de comida y atención de baño público, el que ha trabajado hace siete años por iniciativa propia.
El crédito que sacará ahora es para la compra mercadería (para cocinar), el que venderá de lunes a sábado en Villa Dolores (ciudad de El Alto) de 12:00 a 14:00.
Esta forma de trabajo le permite generar recursos para apoyarse, pues ella es soltera.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación y salud.
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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