Check out other loans that are currently fundraising!
Flor De Retamas Group
In this Group: Yola, Franz Noe , Adelaida, Otilia, Fermina, Amalia , Sindolfa, Angelica
The communal bank "Flor de Retamas" will start its third loan cycle with Pro Mujer in the central office of Senkata. This group has 10 members, and is led by a board of directors headed by Sindolfa. The members of this communal bank have a variety of businesses such as: retail trade, production and services.

Sindolfa says that she has been working with Pro Mujer for a year and a half, and joined at the invitation of a loan officer. Now she works selling woven blankets, an activity that she has been doing for 3 years.

The loan that she will take now will increase her capital; she will purchase wool in the Ceja (a commercial area in El Alto) that she will use to make her products. She will sell the products via advance orders. This type of work allows her to generate resources to support her family as best she can, as she is married and has 2 children.

When asked what she likes about Pro Mujer, she answered that she likes the health services.
View original language description ↓
La A.C. “FLOR DE RETAMAS” iniciará su tercer ciclo en Pro Mujer, como parte del Centro Senkata, está compuesta por diez integrantes y está dirigida por una mesa directiva encabezada por la señora Sindolfa. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: comercio, producción y servicio.

La señora Sindolfa indica que hace año y medio que trabaja con Pro Mujer, ingresando por invitación de una promotora. En la actualidad ella tiene un negocio de tejido de mantas que viene trabajando hace tres años atrás.

El crédito que ahora sacará es para aumentar su capital (compra de lana) que comprará de la Ceja y posterior a la elaboración de sus productos los venderá a pedido. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia pues ella vive en concubinato y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta 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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,141,825
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Retamas Group's $1,900 loan helped a member to buy wool.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Jul 28, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012