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Warawaritas Group
In this Group: Hilda Isabel , Nely , Rosalia , Luisa , Nancy , Rosalia, Paulina , Martha
The “WARAWARITAS” communal bank will begin its third cycle in Pro Mujer as part of the Senkata Center. It has 8 members and is led by a governing board headed by Hilda. The communal bank members are in a variety of businesses. Among them we have: pants manufacturing, cosmetics sales, chicken sales, detergent sales, textile weaving, grocery store and meat sales.

Hilda indicates that this is the third cycle she’s worked with Pro Mujer. She joined thanks to an invitation from a promoter. She currently has a textile weaving micro business and a chicken shop that she's had since she was 16 years old; she’s been in business a total of 20 years.

The loan she’ll take out now is to increase her capital. She will buy textile weaving materials at wholesale on Rodríguez Street (a commercial area in the city of La Paz) that she’ll then sell on order. This way of working makes it possible for her to support her family in some way since she’s single and has five children.

When asked what she likes about Pro Mujer she answers: the training and the health services.
View original language description ↓
La A.C. “WARAWARITAS” iniciará su tercer ciclo en Pro Mujer, como parte del Centro Senkata, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Hilda. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: confección de pantalones, venta de cosméticos, venta de pollos, venta de detergentes, trenzado de mantas, tienda de barrio, venta de carne.

La señora Hilda indica que es el tercer ciclo que trabaja con Pro Mujer, ingresando por invitación de una promotora. En la actualidad ella tiene una micro empresa de hilado y pollereria que inicio desde sus diez y seis años, haciendo un total de veinte años en este negocio.

El crédito que ahora sacará es para aumentar su capital (compra de material para el trenzado de mantas), que consiguieran por mayor de la C. Rodríguez (lugar comercial de la ciudad de La Paz) y los venderá a pedido. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es soltera y tiene cinco hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta capacitación y 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
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,058,050
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Warawaritas Group's $2,125 loan helped a member to buy weaving supplies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2011
Listed
Jun 10, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012