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Las Bendecidas Group
In this Group: Norah Sonia, Maria Magdalelena , Julia Miriam, David, Cristina , Leonor Mery, Alfonza , Marcela
The Communal Bank “Las Bendecidas” (The Blessed Ones) is starting its first loan cycle with Pro Mujer as part of the Los Andes Community Center. This group consists of eight members and is led by a Board of Directors headed by Sra. Norah. The members of this Communal Bank engage in different businesses such as selling clothes, selling vegetables, repairing cookware, preparing food, and selling cosmetics.

Sra. Norah says that she has worked with Pro Mujer for one loan cycle. She joined the organization after being invited by a friend. At the moment, she has a business in which she sells clothes and food. Norah started her business five years ago after learning the trade from her mother.

Her loan will be used to buy supplies for preparing food such as noodles, rice, oil, vegetables, and other items. She sells her dishes in mass quantities in the neighborhood of La Ceja in the city of El Alto. Norah also prepares and sells her food in El Desaguadero (an area along the border between Bolivia and Peru). By working in this manner, she is able to generate income to support her family. Norah is single and has one child.

When asked what she likes about Pro Mujer, Norah responded that she enjoys the savings.
View original language description ↓
La A.C. “LAS BENDECIDAS” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Norah. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de ropa, venta de verduras, repuestos de olla, comedera, venta de cosméticos

La señora Norah, indica que hace un ciclo que trabaja en Pro Mujer y que integro la institución por invitación de su amiga. En la actualidad ella tiene un negocio de venta de ropa y de comida que inicio desde hace cinco años aprendió el oficio de su mamá.

El crédito que ahora sacará es para la compra insumos para la elaboración de comida (fideo, arroz, aceite, verduras, etc.). Estos productos los comprará por mayor de la Ceja de El Alto y posteriormente a la elaboración lo venderá en el Desaguadero. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es soltera y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los ahorros.

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
  • 107
    View loans »
    Bolivia Loans Fundraising
  • $29,542,450
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Bendecidas Group's $1,825 loan helped a member to purchase noodles, rice, oil, vegetables, and other supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2011
Listed
Jun 16, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011