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Azucenas Group
In this Group: Alicia Cresencia, Martha Fedelia, Claudia, Susana, Rosario, Maria Luisa, Victor Hugo, Guiselda Raquel
The Azucenas Community Bank will be starting its second loan cycle with Pro Mujer as a part of the Villa Exaltación headquarters. This group is comprised of 8 members, and its president is Ms. Rosario. These women have different business, selling things like candy, cakes, natural remedies, stockings, hand-woven sweaters, jewelry, and bricks. One member has an electrician shop.


Ms. Rosario, president of the group, states that she has been a part of the community bank with Pro Mujer for a year. She currently owns a jewelry making business, which she has had for three years. She started this business with her sister.


The loan that is being requested will be used to purchase oxygen, gold, and other tools necessary to make jewelry, which she will sell at different markets. This job allows her to generate the funds she needs to support her family, since she has a live-in partner and a son.


When asked what she likes about Pro Mujer, she replied that she likes the training.

View original language description ↓
La A.C. “AZUCENAS” iniciará su segundo ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación. Está compuesta por ocho integrantes y tiene como presidenta a la señora Rosario. Los negocios de las señoras son diferentes, entre ellos tenemos: venta de dulces, pastelería, chiflería, venta de medias, tejidos de chompa, joyería, taller de electricidad, venta de ladrillos.

La señora Rosario, presidenta de la asociación comunal, indica que participa hace un año en una asociación comunal en Pro Mujer. En la actualidad la tiene un negocio de joyería que trabaja hace 3 años, inicviando este negocio con su hermana.

El crédito que sacará ahora es para la compra de oxigeno, oro y otras erramientas, posterior a la elaboración de sus joyas las saldrá a vender a diferentes ferias. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive en concuvinato y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación.

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
  • 96
    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 Azucenas Group's $2,050 loan helped a member to purchase oxygen, gold, and other tools necessary for jewelry making.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2011
Listed
Apr 10, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011