Sra. Esther says that she has worked with Pro Mujer for three years, but at another "centro focal". She joined the bank after being invited by friends. She has operated a business selling party decorations for seven years, a business that she learned from her mother.
She will use the loan to stock her business (with posters, colored paper, etc.). She plans to buy wholesale supplies of the products in La Paz and sell them later in the town of Victoria. The business provides her with a means to help her husband and their six children.
When we asked her what she likes about Pro Mujer, she answered that she likes everything about it.
La señora Esther, indica que hace tres años que trabaja en Pro Mujer, pero en otro centro focal; y que integro la institución por invitación de sus amigas. En la actualidad ella tiene un negocio de venta de cotillones que viene trabajando hace siete años, aprendiendo el mismo de su mamá.
El crédito que ahora sacará es para la compra de material para su negocio (compra cartón, papeles de color, etc.) materiales que comprará por mayor de la cuidad de La Paz y que posterior a la elaboración lo venderá en la zona villa Victoria. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene seis hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta todo.
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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Success!! The loan was 100% repaid