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Unión Estrella Group
In this Group: Lola, Elena Aurora, Marianela, Elsa Sonia, Antonia, Bertha Janeth, Basilia, Julia
The Communal Bank “Unión Estrella” (Union Star) is starting its first loan cycle with Pro Mujer as part of the Senkata Community Center. This group consists of eight members and is led by a Board of Directors headed by Sra. Lola. The members of this Communal Bank have succeeded in their various businesses in the retail, manufacturing, and service sectors.


Sra. Lola says that this is the first time she has worked with Pro Mujer after receiving an invitation at a promotional event. She currently has a business selling food and Bolivian tamales. Lola started her business ten years ago.


The loan she is receiving now will be used to increase her capital so that she can buy soft drinks, beer, and supplies for preparing her dishes. She acquires her supplies in bulk in the neighborhood of La Ceja and at El Puente Vela (a commercial area in the city of El Alto). Lola sells her dishes Monday through Saturday at the No. 692 Minibus Stop. By working in this manner, she is able to generate income to support her family as much as possible. Lola is married and has four children.


When asked what she likes about Pro Mujer, Lola said that she enjoys the continuing education seminars and the basic health services.

View original language description ↓
La A.C. “UNIÓN ESTRELLA” iniciará su primer 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 Lola. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: comercio, producción y servicio

La señora Lola indica que es la primera vez que trabaja con Pro Mujer, ingresando por invitación de promoción. En la actualidad ella tiene un negocio de venta de comida y humintas, que inicio hace diez años.

El crédito que ahora sacará es para aumentar su capital (compra de refrescos, cerveza, insumos para la elaboración de las comidas), que consiguieran por mayor de la Ceja y el Puente Vela (lugar comercial de la ciudad de El Alto) y los venderá en la parada del minibús 692, de lunes a sábado. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene cuatro hijos.

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

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
  • 111
    View loans »
    Bolivia Loans Fundraising
  • $29,154,400
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Unión Estrella Group's $2,325 loan helped a member to purchase soft drinks, beer, and supplies for preparing dishes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2011
Listed
Jun 16, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011