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Alternativas Group
In this Group: Angelica, Hortencia, Maria, Felipa, Julia, Asunta, Lucrecia , Juana Victoria
The “ALTERNATIVAS” community bank are about to start their 28th loan cycle with Pro Mujer, as part of the Los Andes regional office. The group has eight members and is run by a board of directors which is headed by Angélica. The businesses that the members of the bank are engaged in are varied and include: selling paintings, selling shakes, selling socks, selling miscellaneous goods, selling flashlights and miscellaneous goods and selling baby clothes.

Angélica tells us that this is the first year she has worked with Pro Mujer. She joined through an invitation from one of her friends. She has a business selling shakes (energy products). She has been working in this business for years and learned the trade from a previous job.

Angélica is taking out a loan to increase her capital, buying drinks for preparing her products. She will acquire these wholesale from her distributor and then, after preparing them, she will sell them from her sales location. This work allows her to make income with which to support her family. She is single and has two children.

When we asked her what she likes about Pro Mujer, Angélica replied that she likes the loans.
View original language description ↓
La A.C. “ALTERNATIVAS” iniciará su vigésimo octavo 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 Angélica. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de cuadros, venta de batidos, venta de medias, venta de artículos varios, venta de linternas y varios, venta de ropa de bebe.

La señora Angélica, indica que es el primer año que trabaja en Pro Mujer y que integro la institución por invitación de una de sus compañeras. En la actualidad ella tiene un negocio de venta de batidos (productos energéticos)) que viene trabajando hace años, aprendiendo el mismo de un trabajo anterior.

El crédito que ahora sacará es para aumentar su capital (compra de bebidas para la preparación de sus productos) que adquirirá la agencia distribuidora, por mayor, y posterior a la elaboración lo venderá en su puesto de venta. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es soltera y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los créditos.

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
  • 87
    View loans »
    Bolivia Loans Fundraising
  • $28,712,650
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Alternativas Group's $2,875 loan helped a member to buy drinks for preparing her products.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 11, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012