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Vicuñitas De Cooperativa Group
In this Group: Adela , Lola, Maria Rosse Mary, Janeth Epifania , Luly Julieta , Lourdes, Sussy Elba , Martha *
* not pictured
The communal bank "VICUÑITAS DE COOPERATIVA" will begin its second cycle in the Pro Mujer program, which is run by the German Busch social center. The group is comprised of eight members and is chaired by Mrs. Adela. The communal bank's members are involved in different businesses, among which are: fish sales, plastic sales, internet services, recycled plastic, commerce, a store, and breakfast food sales.

Mrs. Adela has been working with Pro Mujer for six months and she joined through an invitation from one of the promoters. She has a fish selling business that she has been in for several years. She learned the trade from her mother.

The loan she is requesting is to increase working capital to buy fish from the salespeople coming to the province. She later sells it at her stall. Through her work she is able to generate income to cover family expenses, since she is single and has two children.

When asked what she likes most about Pro Mujer, she says it's the Health area.
View original language description ↓
La A.C. “VICUÑITAS DE COOPERATIVA” iniciará su segundo ciclo en Pro Mujer, como parte del centro focal German Busch, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Adela. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de pescado, venta de plásticos, internet, reciclado de plástico, comercio, tienda, venta de desayuno.

La señora Adela, indica que hace seis meses trabaja en Pro Mujer y que integro la institución por invitación de promotores. En la actualidad ella tiene un negocio de venta de pescado que viene trabajando hace años, aprendiendo el mismo de su madre.

El crédito que ahora sacará es para aumentar su capital (compra de pescado) que comprara de las personas que le traen de provincia y posteriormente lo venderá en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive es soltera y tiene dos hijos.

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

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
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,613,275
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Vicuñitas De Cooperativa Group's $2,475 loan helped a member to buy fish.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Nov 15, 2011
Currency Exchange Loss:
Covered
Ended:
May 16, 2012