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Sol Naciente Ii Group
In this Group: Ilsa , Yola , Dionicia , Pastora, Betania , Lidia , Gregoria
The “Sol Naciente II” communal bank will start its first cycle in Pro Mujer as part of the Alto Lima focal center. It has 6 members led by a governing board headed by Ilsa. The members carry out a variety of commercial activities. Among them we have: tailor shop, fruit smoothies and juice sales, food sales, pasta sales, blanket weaving and butcher shop.

Ilsa indicates that this is the first year she’s worked in Pro Mujer and that she joined the institution thanks to a neighbor’s invitation. At present she has business selling food that she’s had for the last six years.

The loan she’ll take out now is to increase capital. She will buy peanuts, oil, noodles, etc. in La Ceja and after she prepares the food will sell in at the Thursday and Sunday markets. This way of working allows her to generate income to support her family since she’s married and has a son. When asked what she likes about Pro Mujer she answers that it’s the credit.
View original language description ↓
La A.C. “SOL NACIENTE II” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Alto Lima, está compuesta por seis integrantes y está dirigida por una mesa directiva encabezada por la señora Ilsa. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: sastrería, venta de frescos y jugos, venta de comida, venta de fideo, trenzado de mantas, carnicería.

La señora Ilsa, indica que es el primer año que trabaja en Pro Mujer y que integro la institución por invitación de unos vecinos. En la actualidad ella tiene un negocio de venta de comida que viene trabajando hace seis años.

El crédito que ahora sacará es para aumentar su capital (compra de mani, aceite, fideo, etc.) que adquirirá de la Ceja y posterior a la elaboración lo comercializará en las ferias los jueves y domingos. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito.

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
  • 238
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol Naciente Ii Group's $2,050 loan helped a member to buy peanuts, noodles and oil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2011
Listed
Oct 20, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012