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Kantutitas De San Simon Group
In this Group: Flora Maria , Rosa , Cilia , Celia , Lucila , Barbara, Yolanda Martha , Wilma Nery
The communal bank “KANTUTITAS DE SAN SIMON” will begin its third cycle with Pro Mujer, as part of the focus on the Pan American Highway. This bank is comprised of eight members and is governed by a board of which Martha is the president. The businesses which the communal bank members run are varied among them. There is: blanket weaving, selling miscellaneous items, making bags and tissues, making skirts, and making cell phone accessories.

Yolanda Martha says that she's been working with Pro Mujer for one year and that she joined the institution at the invitation of a developer. At this time she has a business selling cell phone accessories that she has been running for many years.

The loan she will take out is to increase her capital (buy cell phone accessories) that will pay for the Tumusla, and later she will sell it at her business location. This type of work permits her to generate income to help her family, since she is single and has three children.

When asked what she likes about Pro Mujer, she answers that she like the savings and meeting up with the other members.
View original language description ↓
La A.C. “KANTUTITAS DE SAN SIMON” iniciará su tercer ciclo en Pro Mujer, como parte del centro focal Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva de la cual la señora Martha es la tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tejido de mantas, venta de artículos varios, elaboración de mochilas, tejidos, elaboración de enaguas, elaboración de accesorios de celular.

La señora Yolanda Martha, indica que hace un año que trabaja en Pro Mujer y que integro la institución por invitación de una promotora. En la actualidad ella tiene un negocio venta de accesorios de celular que viene trabajando desde hace muchos años atrás.

El préstamo que sacará es para aumentar su capital (compra de de accesorios de celular) que adquirirá de la Tumusla y posteriormente lo comercializará en su sitio de venta. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es soltera y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro y las reuniones con las compañeras.

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
  • 136
    View loans »
    Bolivia Loans Fundraising
  • $30,349,900
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kantutitas De San Simon Group's $2,625 loan helped a member to buy cell phone accessories.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2011
Listed
Sep 19, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012