Check out some available loans that are similar to this one!
Kurmi Group
In this Group: Griselda, Martha , Domitila , Jhenny Isabel, Victor Gustavo , Teodora Julia , Maria Elena , Simona
The “Kurmi” community bank is about to start its first loan cycle with Pro Mujer, as part of the Los Andes regional office. The group has eight members and is run by a board of directors which is headed by Griselda. The businesses that the members of the community bank are engaged in are varied and include: selling food, carpentry, weaving, selling plastic products, beauty salon, making bread and selling stuffed toys.

Griselda tells us that this is the first time she has worked with Pro Mujer and she joined the institution through an invitation from a friend. She currently has a business selling food that she set up seven years ago. She learned this business from her mom.

Griselda will use this loan to buy furniture (tables and chairs) for her sales location. After preparing her food, she sells it in Avenida Ayo Ayo. This work allows her to make money with which to support her family. She lives with her partner and has three children.

When we asked Griselda what she likes about Pro Mujer, she replied that she likes working as part of a group.
View original language description ↓
La A.C. “KURMI” 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 Griselda. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de comida, carpintería, tejido, venta de plásticos, salón de belleza, elaboración de pan, venta de peluches.

La señora Griselda, indica que es la primera vez que trabaja con Pro Mujer y que integro la institución por invitación de una amiga. En la actualidad ella tiene un negocio de venta de comida que inicio hace siete años, aprendiendo el mismo de su mamá.

El crédito que ahora sacará es para la compra de muebles (sillas y mesas) que servirá para la ambientación de su lugar de venta; posterior a la elaboración de los alimentos ella lo vende en la Av. Ayo Ayo. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive en concubinato y tiene tres hijos.

Cuando se le consulta que le gusta de Pro Mujer, ella responde que le gusta la forma de trabajo en unión.

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
  • 94
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kurmi Group's $1,600 loan helped a member to buy furniture (tables and chairs).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Jul 25, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012