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Melodia Group
In this Group: Martha , Silvia, Eugenia Noemi , Cristina Amalia, Gregoria , Andrea , Santusa, Aurelia
The communal bank "Melodia" is starting its third loan cycle with Pro Mujer, as part of the Andes Regional Office. It is made up of four members and is directed by a board of directors headed by Martha. The businesses that are put forward by members of this communal bank are varies, amongst them are: used clothes sales, potato sales, dressmaking, glove embroidery, chuño sales and clothes sales.

Martha indicates that she has been working with Pro Mujer for a year and a half and joined the institution as she was invited by a promoter.

Currently she has a business that sells potatoes and chuño, which she has been working in for years having learnt the trade from her mother.

The loan that she is taking out is to raise her capital (to buy potatoes and chuño) that she will buy wholesale from markets and then will sell on at market. Her work allows her to generate resources to support her family, as she is married and has ten children.

When asked what she likes about Pro Mujer, she answers that she likes the savings.
View original language description ↓
La A.C. “MELODIA” iniciará su tercer ciclo en Pro Mujer, como parte del centro focal Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Martha. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de ropa usada, venta de papa, costurera, elaboración de mantas, venta de chuño, venta de ropa

La señora Martha, indica que hace año y medio que trabaja en Pro Mujer y que integro la institución por invitación de una promotora. En la actualidad ella tiene un negocio de venta de papa y chuño que viene trabajando hace años, aprendiendo el mismo de su madre.

El crédito que ahora sacará es para aumentar su capital (compra de papa y chuño) que adquirirá de las ferias, por mayor, y posteriormente lo venderá en las ferias. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene diez 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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $29,505,675
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Melodia Group's $2,375 loan helped a member to buy Chuño.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2012
Listed
Jan 24, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 24, 2012