Flor De Tulipanes Group
Graciela, president of the communal association began working with Pro Mujer five months ago. She has a busieness where she knits blankets and sweaters which she sells daily on the “C. Tiwanacu” (a commercial street in the city of El Alto).
She will use the money from this loan to buy vicuña yarn (vicuña is a camel-like animal from the Altiplanica region). She will buy this fiber at the San Luis or Calacoto fairs. This type of work allows her to generate an income with which to support her family. She is married and has three children.
When asked what she liked about Pro Mujer, she said that she enjoys the meetings.
La señora Graciela, presidenta de la asociación comunal, indica que participa hace cinco meses en Pro Mujer. En la actualidad ella tiene un negocio de tejido de manta y chompas, que vende en la C. Tiwanacu (C. comercial de la ciudad de El Alto)todos los dias.
El prestamo que realizará servirá para la compra de lana de vicuña (animal camelido de la región altiplanica), esta fibra la comprará de la feria de San Lius o de Calacoto. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene dos hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las reuniones.
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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