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Los Angeles Group
In this Group: Celia , Angelica , Elena , Jhemina Zehaltiel, Claudia , Pascuala , Delia, Alejandra
The Communal Bank “Los Angeles” (The Angels) is starting its first loan cycle with Pro Mujer as part of the Villa Exaltación Community Center. The group consists of eight members and is led by a Board of Directors headed by Sra. Celia. The members of the Communal Bank engage in various business activities in order to get ahead such as operating a butcher shop, knitting sweaters, managing a neighborhood store, selling vegetables, selling socks, selling turnovers, and selling livestock.


Sra. Celia says this is the first time she has worked with Pro Mujer. She joined the organization after receiving an invitation from a friend. Celia currently has a business selling meat and has been working for two years.


The loan she is now receiving will be used to buy a refrigerator for preserving meat. This piece of equipment will be purchased in the neighborhood of La Ceja and she will make room for it in her store. Working in this manner enables her to generate income to support her family. Celia is married and has three children.


When asked what she likes about Pro Mujer, Celia said she enjoys the health services, the loans, and the savings.

View original language description ↓
La A.C. “LOS ANGELES” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Celia. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: canecería, tejido de chompas, tienda de barrio, venta de verduras, venta de medias, venta de salteñas, venta de ganado.

La señora Celia, 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 dos años.

El crédito que ahora sacará es para la compra de una heladera, para la refrigeración de la carne, este equipo lo comprará de la Ceja 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 salud, crédito y ahorros.

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
  • 82
    View loans »
    Bolivia Loans Fundraising
  • $29,481,750
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Angeles Group's $1,900 loan helped a member to buy a refrigerator for preserving meat.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012