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Florecitas Group
In this Group: Hilda, Adela, Rosa, Julia , Elena, Maria , Yola, Maria, Felix
The Communal Bank “Florecitas” (Little Flowers) is starting its first loan cycle with Pro Mujer as part of the Los Andes Community Center. The group has nine members and is led by a Board of Directors headed by Sra. Hilda. The members engage in different business activities so that they can get ahead such as sewing, knitting gloves, selling chickens, selling vegetables, producing macramé, selling groceries, operating a beauty salon, and selling gloves.


Sra. Hilda says that this is the first time she has worked with Pro Mujer. She joined the organization after being invited by a friend. Hilda currently manages a business in which she sells meat. She started working in this business 15 years ago with the help of her parents.


The loan she is currently seeking will be used to buy a refrigerator for preserving meat. She will buy this piece of equipment from the slaughterhouse and set aside space for it in her shop. Working in this manner allows her to generate income to support her family. Hilda is married and has three children.


When asked what she enjoys about Pro Mujer, Hilda said that she likes the biweekly payments because they allow her to pay off her loan more quickly.

View original language description ↓
La A.C. “FLORECITAS” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Los Andes, está compuesta por nueve integrantes y está dirigida por una mesa directiva encabezada por la señora Hilda. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: costura, tejido de guantes, venta de pollos, venta de verduras, macramé, tienda de abarrotes, peluquería, venta de guantes.

La señora Hilda, indica que es la primera ves que trabaja en Pro Mujer y que integro la institución por invitación de una amiga. En la actualidad ella tiene un negocio de venta de carne que viene trabajando hace quince años atrás por el apoyo de sus padres.

El crédito que ahora sacará es para la compra de un refrigerador, para la refrigeración de la carne, este equipo lo comprará del matadero y lo acomodará en su tienda. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella esta casada y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los pagos quincenales, ya que se pagan mas rápidos.

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

  • $5,500
    Average annual income
  • 208
    View loans »
    Bolivia Loans Fundraising
  • $31,401,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Florecitas Group's $2,725 loan helped a member to buy a refrigerator.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 21, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012