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Santa Barbara Group
In this Group: Selia Benita, Francisco , Veronica Nicolasa, Janette, Flora , Carmen Antonia, Angelica Viviana, Teresa
The Santa Barbara village bank is starting its first loan cycle with Pro Mujer, as part of the Villa Exaltación regional hub. The group has eight members, and Carmen is the chair of its board of directors. The members' business are quite varied, and included retail, manufacturing, service, and agricultural enterprises.
Carmen says that this is the first time she's worked with Pro Mujer. Currently, she has a business growing vegetables, which she started with her parents' help when she was young.
The loan she's requesting now is to purchase seeds for her crops, which she will obtain in the city of El Alto. Selling her harvests allows her to bring in an income to support her family, since she is married and has two children.
When we ask her what she likes about Pro Mujer, she answers that she likes the loans and the ability to save.
View original language description ↓
La A.C. “SANTA BARBARA” iniciará su primer ciclo en Pro Mujer, como parte del Centro Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva, de la cual es tesorera la señora Carmen. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos comercio, producción, cultivo y servicio

La señora Carmen, indica que es la primera vez que integra Pro Mujer por invitación de la promoción. En la actualidad ella tiene un negocio de sembradío de verduras que inicio desde niña con el apoyo de sus padres.

El crédito que ahora sacará es para la compra de semillas para cosechar que adquirirá de la ciudad de El Alto y los venderá posterior al cultivo. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los préstamos y el ahorro.

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

  • $5,500
    Average annual income
  • 198
    View loans »
    Bolivia Loans Fundraising
  • $31,040,825
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Barbara Group's $2,125 loan helped a member to purchase seeds for her crops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2011
Listed
Jun 13, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011