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Rio De Plata Group
In this Group: Virginia , Justina Leonor , Betty, Devora Eugenia , Trinidad, Matilde, Fabiola Lizeth, Estela
The “Río de Plata” communal bank will start its first cycle with Pro Mujer as part of the Los Andes focal center. It has 8 members led by a governing board headed by Virginia. The members of this communal bank carry out a variety of businesses. Among them we have: liquor store, candy store, sweater knitting, crafts making, graphic design, beef offal and minibus helper.

Virginia indicates that she’s worked in Pro Mujer for two cycles and that she joined the institution invited by her girlfriends. She has been selling meat for several years since it’s a family business.

The loan she’s requesting is to increase capital (to purchase beef offal in the rural areas at wholesale and then resell in her sales point). This way of working allows her to generate income to support her family since she’s single and has three children. When asked what she likes about Pro Mujer she answers that she likes the training.
View original language description ↓
La A.C. “RIO DE PLATA” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Los Andes, está compuesta por ocho 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: Licoreria, tienda de dulces, tejido de chompas, artesana y diseño gráfico, venta de menudencias de res, ayudante de minibus.

La señora Virginia, indica que hace dos ciclos trabaja en Pro Mujer y que integro la institución por invitación de sus amigas. En la actualidad ella tiene un negocio de venta de carne que viene trabajando hace años, ya que es un negocio familiar.

El crédito que ahora sacará es para aumentar su capital (compra de menudencias) que adquirirá del área rural, por mayor, y posteriormente lo venderá en su punto 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 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

  • $5,500
    Average annual income
  • 189
    View loans »
    Bolivia Loans Fundraising
  • $30,960,550
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Rio De Plata Group's $2,250 loan helped a member to buy meat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2011
Listed
Oct 17, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012