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Las Rosas Group
In this Group: Severina , Rosenda , Ibette Magaly , Maria Luisa, Magdalena , Soledad , Roxana Mary
The Communal Bank “Las Rosas” (The Roses) is starting its 11th loan cycle with Pro Mujer as part of the Panamericana Community Center. This group consists of seven members and is led by a Board of Directors in which Sra. Maria Luisa serves as its treasurer. The members of this Communal Bank engage in different types of businesses to get ahead such as manufacturing crates, retail shops, production, and services.


Sra. Maria Luisa says that she has been working with Pro Mujer for one year. She joined the organization after being invited by a local promoter. At the moment, she has a business that manufactures tomato crates. She has been involved in this type of work for four years and learned the trade from her relatives.


This loan will be used to increase her capital for purchasing wood. She acquires the wood from the lumber yards and manufactures her products according to order. Working this manner has enabled her to generate income to support her family. Maria Luisa is in a common-law marriage and has two children.


When asked what she likes about Pro Mujer, Maria Luisa said that she enjoys the savings and the training classes.

View original language description ↓
La A.C. “LAS ROSAS” iniciará su décimo primer ciclo en Pro Mujer, como parte del centro focal Panamericana, está compuesta por siete integrantes y está dirigida por una mesa directiva de la cual la señora Maria Luisa es la tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: elaboración de cajas, comercio, producción y servicios.

La señora María Luisa, indica que hace un año que trabaja en Pro Mujer y que integro la institución por invitación de una promotora en la zona. En la actualidad ella tiene un negocio de elaboración de cajas de tomate que viene trabajando hace cuatro años atrás, aprendiendo el mismo de sus familias.

El préstamo que sacará es para aumentar su capital (compra de madera) que adquirirá de la las barracas y posterior a la elaboración de lo entregará a pedido. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive en unión libre y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro y 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
  • 112
    View loans »
    Bolivia Loans Fundraising
  • $29,154,400
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Rosas Group's $2,050 loan helped a member to purchase wood for making crates.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2011
Listed
Sep 17, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012