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Minervas Group
In this Group: Antonieta Lucia, Fedra Vanidad, Flora , Danitza , Evelin, Maria Lyz, Milton Wilder , Sonia
The 'Minervas' community bank is about to start its third loan cycle with Pro Mujer, as part of the Villa Exaltación regional office. The group has eight members and is managed by a board of directors which is led by Evelin. The businesses that the members of the bank carry out are varied and include: commerce, production and services.

Evelin tells us that she has been a member of Pro Mujer for ten years. She joined through an invitation from a friend. Evelin currently has a business selling educational materials which she started ten years ago with the support of Pro Mujer.

Evelin will use this loan to increase her working capital, buying educational materials from publishers which she will then sell in her store from 8.00am to 6.00pm. This work enables her to make money with which to support her family. She is married and has three children.

When we asked Evelin what she likes about Pro Mujer, she replied that she likes the health training.
View original language description ↓
La A.C. “MINERVAS” iniciará su tercer ciclo en Pro Mujer, como parte del Centro Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Evelin. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: comercio, producción y servicio

La señora Evelin, indica que hace diez años que integra Pro Mujer, ingresando por invitación de una amiga. En la actualidad ella tiene un negocio de venta material educativo que inicio hace diez años con el apoyo de Pro Mujer.

El crédito que ahora sacará es para aumentar su capital de trabajo (compra de material educativo) que comprará de las editoriales y lo venderá en una librería de 8:00 a 18:00. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en 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
  • 108
    View loans »
    Bolivia Loans Fundraising
  • $28,232,175
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Minervas Group's $2,350 loan helped a member to buy educational materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2011
Listed
Jun 22, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011