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Esperanza Y Fe Group
In this Group: Lourdes , Doris Leonor , Justina , Lourdes , Ximena Mery, Martina , Patricia Encarnacion , Martha Rebeca
The communal bank “Esperanza y Fe” will begin its first loan cycle with Pro Mujer, as part of the Panamericana administrative office. It is made up of eight members and it is directed by an officer’s group of which Lourdes is president. The businesses of the communal bank’s members are varied and include: neighborhood grocery store, sales of chicken, upholstering, fruit sales, knitting sweaters, knitting shawls and sweaters, and cake sales.

Lourdes says this is the first time she has worked with Pro Mujer and that she joined the institution by invitation of the promoter. She now has a neighborhood grocery store where she has been working for several years. She learned how to do this from her mother.

The loan that she will take this time is to increase her working capital (to buy grocery items) which she gets from the La Ceja market and then later sells in her store. This type of work allows her to generate income to support her family. She is single and has five children.

When asked what she likes about Pro Mujer, she responds that she likes the trainings.

In the photograph you can see a lady on the side with a baby—she is the cousin of one of the ladies, Justina, who she accompanied when the loan was dristibuted.
View original language description ↓
La A.C. “ESPERANZA Y FE” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Lourdes es la presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tienda de barrio, venta de pollera, tapicería, venta de fruta, tejido de chompas, tejido de mantas y chompas, venta de queques.

La señora Lourdes, indica que es la primera vez trabaja en Pro Mujer y que integro la institución por invitación de la promoción. En la actualidad ella tiene un negocio de tienda de barrio que viene trabajando hace años y aprendiendo el mismo de su madre.

El crédito que ahora sacará es para aumentar su capital (compra de abarrotes) que adquiere de la Ceja y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es soltera y tiene cinco hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación.

En la fotografía se puede observar una señora al costado con un bebe es la prima de una de la señora Justina que la acompañó al desembolso.

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
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $28,685,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza Y Fe Group's $3,100 loan helped a member to buy grocery items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 24, 2012