Check out some available loans that are similar to this one!
Margaritas De San Antonio Group
In this Group: Olga Willma, Wilma , Margarita , Juana , Beatriz, Patrona, Rosmery, Lupe
The communal bank "Margaritas de San Antonio" will start their first loan cycle with Pro Mujer (Kiva Field Partner) as part of Centro Senkata. It is formed by eight members and it is directed by a board of directors, which is led by Olga. The businesses carried by the members of this communal bank are various, and among them are: potato farming, livestock farming, freeze-dried potatoes, and knitted crafts.

Olga indicates that this is the first loan cycle in which she works with Pro Mujer. She joined following an invitation by a promoter. She currently has a business raising cattle and she has had this business for many years. She learned the business from her mother.

The loan that she will take is to increase her capital, to purchase feed for her cattle. She will make her purchases in Ceja and she will later distribute the product among her cattle. This form of work helps her to generate an income to support her family in whatever possible. She is married and she has four children.

When she was asked what she likes about Pro Mujer, she replied that she likes the savings program.
View original language description ↓
La A.C. “MARGARITAS DE SAN ANTONIO” iniciará su primer ciclo en Pro Mujer, como parte del Centro Senkata, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Olga. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: cultivo de papa, cría de animales, venta de chuño, artesanía en tejido.

La señora Olga indica que este es el primer ciclo que trabaja con Pro Mujer, ingresando por invitación de una promotora. En la actualidad ella tiene un negocio de crianza de ganado que viene trabajando hace años atrás, aprendo este oficio de su mamá.

El crédito que ahora sacará es para aumentar su capital (compra alimento para su ganado) que comprará de la Ceja y posteriormente lo repartirá a su ganado. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia pues ella es casada y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta 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
  • 119
    View loans »
    Bolivia Loans Fundraising
  • $28,262,975
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Margaritas De San Antonio Group's $2,550 loan helped a member to purchase cattle feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2011
Listed
Oct 18, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012