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Santa Barbara Group
In this Group: Nancy, Rose Marie, Salome, Erika Esther , Eulogia Florentina , Ines , Zara, Maria Del Rosario
The Santa Barbara Communal Bank is starting its third loan cycle with Pro Mujer as part of the Santiago II Community Center. This group consists of eight members and is led by a Board of Directors led by Sra. Nancy. The members of this Communal Bank engage in different retail businesses selling phone minutes, utensils, detergents, sportswear, bricks, videos, baby clothes, embroideries, candy, and soup.


Sra. Nancy says that she joined Pro Mujer twelve years ago after receiving an invitation. She currently has a glassware business where she has worked for the past 17 years. Nancy learned this trade from her husband.


The loan she is receiving now will be used to increase her capital for buying glassware. The products that she buys are imported and she sells them every day from her shop. Working in this manner makes it possible for her to generate income to support her family. Nancy is married and has three children.


When asked what she likes about Pro Mujer, Nancy said she enjoys everything.

View original language description ↓
La A.C. “SANTA BARBARA” iniciará su tercer ciclo en Pro Mujer, como parte del Centro Santiago II, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Nancy. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de actas, venta de utencilios, vebnta de detergentes, taller deportivo, venta de ladrillos, tienda de videos, tienda de videos, venta de ropa de bebe, bordados, venta de dulces y sopa.

La señora Nancy, indica que hace doce años que integra Pro Mujer y que ingreso por invitación. En la actualidad ella tiene un negocio de vidrieria que viene trabajando hace diez y siete años atrás y que aprendió de su esposo.

El crédito que ahora sacará es para aumentar su capital (compra de vidrios), este material lo comprara de la importadora y los venderá todos los dias en su tienda de la 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 la todo.

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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $29,582,625
    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 $2,475 loan helped a member to purchase glassware.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011