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Flor De Papa Group
In this Group: Vicenta, Salome, Antonia , Olga, Feliza, Maribel Viviana
The “FLOR DE PAPA” community bank are about to start their first loan cycle with Pro Mujer, as part of the Villa Adela regional office. The group has six members and is run by a board of directors which is headed by Vicenta. The businesses that the members of the bank are engaged in are varied and include: making traditional 'cholita' shoes, selling sports shoes, selling fruit, selling food, making 'polleras' (traditional skirts) and distributing cereals.

Vicenta says that she has been working with Pro Mujer for two loan cycles. She joined the institution through an invitation from her friends and neighbors. She currently has a business making and selling traditional 'cholita' shoes which she has been working in for some time.

Vicenta will use her loan to increase her capital. She will buy leather wholesale in La Ceja and then, after she has made her products, she will sell them to order. This work allows her to make income with which to support her family. She is single and has six children.

When we asked her what she likes about Pro Mujer, Vicenta replied that she likes the health services.
View original language description ↓
La A.C. “FLOR DE PAPA” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Villa Adela, está compuesta por seis integrantes y está dirigida por una mesa directiva encabezada por la señora Vicenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: producción de calzados de cholita, venta de calzados deportivos, venta de fruta, venta de comida, producción de polleras, distribución de cereales.

La señora Vicenta, indica que hace dos ciclos que trabaja en Pro Mujer y que integro la institución por invitación de sus amigas y vecinas. En la actualidad ella tiene un negocio de producción y venta calzados de cholitas que viene trabajando hace algún tiempo.

El crédito que ahora sacará es para aumentar su capital (compra de cuero) que adquirirá de la Ceja, por mayor, y posteriormente a la elaboración comercializará a pedido. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es soltera y tiene seis hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la atención en salud.

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
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Papa Group's $1,550 loan helped a member to buy leather.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 11, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012