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Flor De Quinua Group
In this Group: Martha, Teresa Ines, David, Leonora, Graciela, Alicia, Eugenia Gregoria, Florencia
The "Flor de Quinua" community bank is about to start its first loan cycle with Pro Mujer as part of the Collpani regional office. The group has eight members and is run by an executive committee which is led by Martha. The businesses that the members of the community bank are engaged in include: selling underwear, selling hand-knitted tights, running a mannequin workshop, selling beer, selling clothes, welding, running a general store and selling fish.

Martha tells us that she has been working with Pro Mujer for three years and that she joined through an invitation from a promoter. She currently has a business knitting tights and sweaters which she sells. She has been in this business for forty years and learned the trade from her aunt.

On this occasion, Martha is requesting a loan to buy llama and sheep yarn and fiber. She buys her materials in the street market in 16 de Julio neighborhood (a commercial part of the city of El Alto) and makes her sales to customers in different places. This work has allowed her to make money with which she supports her family as best she can. She was widowed 30 years ago but has managed to provide her four children with an education.

When we asked her what she likes about Pro Mujer, she replied that she likes the savings and chatting to her friends. In the photo we can see one man and one woman who accompanied their partners who were taking part in the meeting.
View original language description ↓
La A.C. “FLOR DE QUINUA” iniciará su primer ciclo en Pro Mujer, como parte del Centro Focal de Collpani. Está compuesta por ocho integrantes y está dirigida por una mesa directiva y a la cabeza de la señora Martha. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de ropa interior, venta de medias artesanales, taller de maniquíes, venta de cerveza, viajera trae ropa, soldador, tienda en general, venta de pescado.

La señora Martha nos indica que hace tres años que trabaja en Pro Mujer, y que ingreso por invitación de una promotora. En la actualidad ella tiene un negocio de tejido de medias y chompas, los cuales vende, este negocio lo trabaja hace cuarenta años, aprendiendo este oficio de su tía.

El préstamo que solicita en esta ocasión es para comprar lana y fibra de oveja y llama, material que compra de la feria 16 de julio (lugar comercial de la ciudad de El Alto) y lo vende a sus caseras en diferentes puestos. Esta forma de trabajo le permitió generar recursos para apoyar en lo posible a su familia, pues ella quedo viuda hace 30 años y educo a cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro y hablar con sus amigas.

En la fotografía podemos a observa al señor de plomo y a la señora de lente, ambos son acompañantes de sus parejas que participaron en la reunión.

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
  • 73
    View loans »
    Bolivia Loans Fundraising
  • $28,632,000
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Quinua Group's $2,775 loan helped a member to buy sheep and llama yarn and fiber.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2011
Listed
May 23, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011