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Suma Uru Group
In this Group: Yngrid Nabil , Janeth Gladys, Anahi Melisa, Ruth Rosmery, Luz Mery , Candy Guadalupe , Zenobia , Basilia , Remedios
The communal bank "Suma Uru" will start its first loan cycle with Pro Mujer, at the Los Andes central office. This group has 9 members and is led by a board of directors where Basilia is the Treasurer. The members of this communal bank have a variety of businesses, including: making sports clothes, selling grills, selling school supplies, making and selling sweatshirts, selling cellular phones, making clothing, making blankets, and a grocery store.

Basilia states that she has been working with Pro Mujer for 5 years, and that she joined the institution at the invitation of a friend. Now she has a business selling grills that she has been working in for years. She learned this trade from her parents.

The loan that she is going to take will be used to increase her capital, by purchasing iron from the ironmonger's at wholesale. She will use this iron to make the grills that she sells from her stand. This type of work allows her to generate resources to support her family. She has two children.

When asked what she likes about Pro Mujer, she answered that she enjoys being able to save.
View original language description ↓
La A.C. “SUMA URU” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Los Andes, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Basilia es la tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: costura de deportivos, venta de parrillas, comerciante de marial escolar, costura y venta de busos, venta de celulares, confección de ropa, confección de mantas, tienda de barrio.

La señora Basilia, indica que hace cinco años que trabaja en Pro Mujer y que integro la institución por invitación de una amiga. En la actualidad ella tiene un negocio de venta de parrillas que viene trabajando hace años, aprendiendo el mismo de sus padres.

El crédito que ahora sacará es para aumentar su capital (compra de fierros) que adquirirá de las ferreterias, por mayor, y posterior a la elaboración lo comercializará en su puesto de venta. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive en y tiene dos 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
  • 106
    View loans »
    Bolivia Loans Fundraising
  • $29,131,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Suma Uru Group's $3,100 loan helped a member to buy iron to make grills.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2012
Listed
Jan 21, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 24, 2012