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Buen Corazon Group
In this Group: Virginia, Fabiola , Eugenia Jhanneth , Gabriela , Yolanda Olga, Clavia, Hernan, Alina, Lourdes, Celia, Celia , Zenobia , Luisa
The Communal Bank “Buen Corazón” (Good Heart) is starting its fifth loan cycle with Pro Mujer as part of the Villa Exaltación Center. The group consists of 13 members and is led by a Board of Directors headed by Sra. Virginia. The members of the Communal Bank engage in various businesses to get ahead such as trade, clothing sales, food services, and manufacturing.


Sra. Virginia says that she joined Pro Mujer two years ago after receiving an invitation to attend a promotion from her neighbors. She currently has a business selling clothes and has worked for 10 years. She learned this trade from her mother-in-law and sister-in-law.


The loan she is receiving now will be used to increase her inventory of merchandise (by purchasing clothes). She acquires her goods from Oruro or La Huyustus and then sells them at the fairs. Working in this manner makes it possible for her to generate income to support her family. Virginia is in a common-law relationship and has three children.


When asked what she likes about Pro Mujer, Virginia said that she enjoys the meetings.

View original language description ↓
La A.C. “BUEN CORAZÓN” iniciará su quinto ciclo en Pro Mujer, como parte del Centro Villa Exaltación, está compuesta por trece integrantes y está dirigida por una mesa directiva encabezada por la señora Virginia. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: Comercio, venta de ropa, servicios de comida y producción.

La señora Virginia indica que hace dos años que integra Pro Mujer por invitación de la promoción y de sus vecinas. En la actualidad ella tiene un negocio venta de ropa que viene trabajando desde hace diez años, el mismo lo aprendió de su suegra y de su cuñada.

El crédito que ahora sacará es para aumentar su mercadería (compra de ropa), que adquirirá de Oruro o de la Huyustus y lo comercializa en las ferias. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en unión libre y tiene y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las reuniones.

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
  • 92
    View loans »
    Bolivia Loans Fundraising
  • $28,719,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Buen Corazon Group's $2,725 loan helped a member to buy clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2011
Listed
Sep 21, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012