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1 De Abril Group
In this Group: Justina, Valeria , Zulema , Nicolasa, Freddy, Dayce , Veronica Zayda, Pamela Jhiovana, Jilda, Wilma Eugenia, Ruth Gladys
The '1 de Abril' community bank is about to begin its second loan cycle with Pro Mujer, as part of the Panamericana regional office. The group has eleven members and is run by a board of directors which has Justina as its president. The businesses that the members of the bank are engaged in are varied and include: handicrafts (hats), selling clothes, knitting gloves, making frozen treats, knitting blankets, providing transportation services, selling accessories, butcher's shop, sewing jackets, carpentry and selling furniture.

Justina tells us that she has been working with Pro Mujer for one year and joined the institution through an invitation from a loan officer in her area. Justina currently has a business making frozen treats. She has been working in this business for two years and learned the trade from her husband.

Justina will use the loan that she is requesting to increase her capital (buying materials with which to make her frozen treats). She will buy her supplies in La Ceja and, after making the products, she will sell them in her store. This work enables her to make the income she needs to support her family. Justina is single and has six children.

When we asked her what she likes about Pro Mujer, Justina replied that she likes the training, the health service and the savings.
View original language description ↓
La A.C. “1 DE ABRIL” iniciará su segundo ciclo en Pro Mujer, como parte del centro focal Panamericana, está compuesta por once integrantes y está dirigida por una mesa directiva de la cual la señora Justina es la presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: artesanía en sombreros, venta de ropa, tejido de guantes, fabricación de helados, tejido de mantas, transportistas, venta de accesorios, carnicería, costura de chamarras, carpintería, venta de muebles.

La señora Justina, 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 producción de helados que viene trabajando hace dos años atrás, aprendiendo el mismo de su esposo.

El préstamo que sacará es para aumentar su capital (compra de material para hacer helado) que adquirirá de la Ceja y posterior a la elaboración lo comercializará en su tienda. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es soltera y tiene seis hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación, salud y 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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $29,505,675
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 1 De Abril Group's $3,125 loan helped a member to buy materials for making frozen treats.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2011
Listed
Sep 22, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012