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Huaycheñitas Group
In this Group: Elizabeth, Alicia Celia, Marisol , Elsa, Victoria , Dolores Florencia, Celia , Benedicta
The communal bank "Huaychenitas" will start its fourth loan cycle with Pro Mujer, in the Germán Busch central office. This group has 8 members who are led by a board of directors headed by Elizabeth. The members of this group have a variety of businesses that they are working on, including clothing sales, a store, macrame, animal sales, making stringed instruments, and peanut sales.

Elizabeth states that she joined the communal bank in Pro Mujer two and a half years ago at the invitation of a loan officer. Now she has a business making stringed instruments. She learned this trade from her husband, and she has been doing this work for 7 years.

The loan that she will take now will be used to increase her capital (to buy wood and strings.) She will buy her materials from the warehouses, and sell her instruments in the markets. This type of work allows her to generate resources to support her family as best she can. She is married and has one child.

When asked what she likes about Pro Mujer, she responded that she likes the training.
View original language description ↓
La A.C. “HUAYCHEÑITAS” iniciará el cuarto ciclo en Pro Mujer, como parte del Centro Focal de Germán Busch. Está compuesta por ocho integrantes las que están dirigidas por una mesa directiva a la cabeza de la señora Elizabeth. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de ropa, tienda, macrame, venta de animales, artesanía de instrumentos de cuerda, venta de maní.

La señora Elizabeth indica que hace dos años y medio que integra una asociación comunal en Pro Mujer, ingresando por invitación de un asesor. En la actualidad ella tiene un negocio de elaboración de instrumentos de cuerda, que viene trabajando hace siete años atrás, este oficio lo aprendió de su esposo.

El crédito que sacará ahora es para el aumento de capital (compra de madera y cuerdas) los que compra de las barracas y los venderá en las ferias. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella esta casada y tiene un hijo.

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

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

  • $5,500
    Average annual income
  • 198
    View loans »
    Bolivia Loans Fundraising
  • $31,028,500
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Huaycheñitas Group's $2,050 loan helped a member to buy materials, strings, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2011
Listed
Sep 25, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012