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Nuevas Amigas De Mercedes Group
In this Group: Natividad Magda, Viviana Alicia , Miriam, Encarnacion Braulia Tecla, Claudina , Zenobia, Olinda Silvia , Jimena Fatina
The “NUEVAS AMIGAS DE MERCEDES” (Mercedes' New Friends) community bank is starting its first loan cycle with Pro Mujer, as part of the Cascada regional office. The group has nine members and is run by a board of directors which is led by Claudina. The businesses that the group's members carry out are varied and include: importing watches, sewing clothes, working as an assistant builder, making cotton handicrafts, selling CDs, starting up a new business, machine knitting and selling jackets.

Claudina tells us that this is the first time that she has been part of one of Pro Mujer's community banks. She joined through an invitation from the promoters. Claudina currently has a business selling scrap metal which she has had for one year. She learned the business from her friend.

The loan that Claudina is currently taking out will be used to buy scrap metal (which will increase her capital). She will then sell the scrap from her home every day from 8.00am to 6.00pm. This work allows Claudina to make money to support her family as best she can. She lives with her partner and has six children.

When we asked her what she likes about Pro Mujer, she replied that she likes the health services.
View original language description ↓
La A.C. “NUEVAS AMIGAS DE MERCEDES” iniciará su primer ciclo en Pro Mujer, como parte del Centro Focal de Cascada, está compuesta por nueve integrantes y está dirigida por una mesa directiva encabezada por la señora Claudina. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: Importación de relojes, costura de ropa, ayudante de albañil, artesanía en algodón, venta de CD’s, inicio de negocio, Tejido de máquinas, venta de chamarras.

La señora Claudina, indica que es la primera ves que integra una asociación comunal en Pro Mujer, ingresando por invitación de los promotores. En la actualidad ella tiene un negocio venta de chatarra que viene realizando hace un año atrás; este negocio lo aprendió de su amiga.

El crédito que ahora sacará es para la compra de chatarra (que servirá para incrementar su capital), posteriormente lo venderá en su casa, todos los días de 8:00 a 18:00. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en unión libre y tiene seis hijos.

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

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
  • 83
    View loans »
    Bolivia Loans Fundraising
  • $29,370,775
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevas Amigas De Mercedes Group's $1,350 loan helped a member to buy scrap metal.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2011
Listed
Apr 21, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011