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Retamas De Mazo Cruz Group
In this Group: Margarita , Mery , Celia , Juana , Eduardina , Celia
The “RETAMAS DE MAZO C.” communal bank is about to start its first cycle in Pro Mujer as part of the Senkata Center. The group is made up of six members and is governed by a board of directors headed by Mrs. Margarita. The members' businesses are varied and include:
a grocery store, cows, weaving blankets, sewing skirts, and shoemaking.

Mrs. Margarita says that this is the first time she has worked with Pro Mujer, and that she joined because of a family member. She currently has a business weaving blankets, which she has done for several years. She learned this work from her mother.

Margarita is taking out a loan to increase her working capital, and buy wool and magazines from Desaguadero. She later sells based on orders. This work allows her to generate an income to support her family where possible. She is married and has four children.

When asked what she likes about Pro Mujer, she replies that she enjoys the savings and the loans.
View original language description ↓
La A.C. “RETAMAS DE MAZO C.” iniciará su primer ciclo en Pro Mujer, como parte del Centro Senkata, está compuesta por seis integrantes y está dirigida por una mesa directiva encabezada por la señora Margarita. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: Tienda de abarrotes, ganado vacuno, tejido de mantas costura de polleras, producción de calzados.

La señora Margarita indica que este es el primer ciclo que trabaja con Pro Mujer, ingresando por comunicación de los familiares. En la actualidad ella tiene un negocio de tejido de mantas que viene trabajando hace años atrás, aprendo este oficio de su mamá.

El crédito que ahora sacará es para aumentar su capital (compra de lana y revistas) que de Desaguadero y posteriormente lo comercializará a pedido. 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 y 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
  • 206
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Retamas De Mazo Cruz Group's $1,275 loan helped a member to buy wool and magazines.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2011
Listed
Nov 16, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012