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Suma Chuyma Group
In this Group: Nola, Barinia Pamela , Abigail , Estefani, Gladys Segundina, Mery, Yamilka Karol , Maria Guadalupe
The “SUMA CHUYMA” communal bank is starting its first cycle in Pro Mujer as part of the Santiago II Center. The group has 8 members and is directed by a board of directors headed by Mrs. Nola. The members' businesses are varied and include: a bakery; a sales representative; cosmetics; selling bedspreads and clothing; and selling second-hand clothing.

Mrs. Nola says that this is her first year working with Pro Mujer. She joined when friends invited her to form the group. She currently has an Entel store and an internet shop. She has done this for two years with her brothers' help.

The loan that she will now take out is to increase her working capital (purchasing phone booths), which she will purchase from the Huyustus and 16 de Julio [markets] and add to her store. This work allows her to generate an income to support her family where possible. She is married and has two children.

When asked what she likes about Pro Mujer, she responds that she likes the training.
View original language description ↓
La A.C. “SUMA CHUYMA” iniciará su primer 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 Nola. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: repostería, promotora de venta, cosméticos, ventas de colchas y prendas de vestir, comercio de prendas de segunda mano.

La señora Nola,indica que este es el primer año que trabaja con Pro Mujer, ingresando por invitación de amigas para formar un grupo. En la actualidad ella tiene un negocio punto ENTEL e Internet, que viene trabajando de dos años, por intermedio de sus hermanos.

El crédito que ahora sacará es para aumentar su capital (compra de cabinas de telefono), que compraran de la Huyustus y de la 16 de julio y posteriormente lo incorporará en su tienda. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación.

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
  • 73
    View loans »
    Bolivia Loans Fundraising
  • $28,644,550
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Suma Chuyma Group's $2,725 loan helped a member to purchase telephone booths.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012