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Flor Canelitas Group
In this Group: Martha Adriana, Jhaneth Juana, Francisca, Batty Jhanet, Juana, Berlinda, Juana Agrepina, Marina
The communal bank named "Flor Canelitas" will start their first loan cycle with Pro Mujer (Kiva Field Partner) as part of Centro Collpani. The group is made up of eight members and it is directed by a board of directors, lead by Martha. The businesses held by the members of the communal bank are varied, and among them we have: lettuce production, furniture sales, food production and sales, livestock farming, mechanic shop, and dairy production.

It is Martha's first time joining Pro Mujer and she joined following an invitation by a promoter. She currently has a food production and sales business. She has had her business for the past sixteen years. She learned the business from previous employment.

The loan that she will access will be used to increase her inventory (to purchase soft drinks) which she will acquire from the commercial district of the city. She will later resell them at a minibus stop. This type of business will help her generate an income to support her family in whatever possible. She is married and she has nine children.

When she was asked what she appreciates about Pro Mujer she said she enjoys the savings program.
View original language description ↓
La A.C. “FLOR CANELITAS” iniciará su primer ciclo en Pro Mujer, como parte del Centro Collpani, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Martha. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: Producción de lechuga, venta de muebles, venta de comida, cría de ganado, Taller mecánico, producción de leche.

La señora Martha, indica que es la primera vez que integra Pro Mujer y que ingreso por invitación de una promotora. En la actualidad ella tiene un negocio de venta de comida que viene trabajando hace diez y siete años, aprendiendo el mismo de un trabajo anterior.

El crédito que ahora sacará es para aumentar capital (compra de refrescos) que adquirirá de la Ceja y posteriormente lo venderá en una parada de minibuses. Esta forma de trabajo le permitirá generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene nueve hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro.

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
  • 123
    View loans »
    Bolivia Loans Fundraising
  • $30,305,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor Canelitas Group's $2,375 loan helped a member to purchase softdrinks.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Aug 29, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012