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26 De Enero Group
In this Group: Sonia, Mary Rosa, Dionicia, Wilma Caiminia, Lilia Tecla, Delia, Paulina, Maria, Beatriz
The community bank "26 of January" is starting its first cycle with Pro Mujer, as part of the focal center Panamericana. It is made up of nine associates and is run by a board of directors where Mrs. Sonia is the president. The businesses that the members of the association run are varied, among them are carpentry, the making of vicuña blankets, fish sales, blanket weaving, starch and potato sales, clothing sales.

Mrs Sonia notes that this is the third years that she is working for Pro Mujer and that she joined the institution when asked by one of the members. Currently she has a business weaving blankets, which she has been doing for many years. She has learned this trade from her friends.

The loan that she is requesting is to increase her working capital, through the purchase of wool. which she gets from Ceja and after working with it she will sell her products to order. This work allows her to generate income to help her family as she is married and has four children.

When asked what she likes about Pro Mujer, she responds that she likes the savings and the sharing with the other members.
View original language description ↓
La A.C. “26 DE ENERO” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Panamericana, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Sonia es la presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: carpintería, elaboración de mantas de vicuña, venta de pescado, tejido de manta, venta de chuño y papa, venta de ropa.

La señora Sonia, indica que es el tercer año que trabaja en Pro Mujer y que integro la institución por invitación de una socia. En la actualidad ella tiene un negocio de tejido de mantas que viene trabajando hace años, mismo que aprendió de sus amigas.

El crédito que ahora sacará es para aumentar su capital (compra de lana) que adquiere de la Ceja y posteriormente a la elaboración lo comercializará a pedido. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro y compartir con las socias.

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
  • $31,614,775
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 26 De Enero Group's $3,925 loan helped a member to purchase wool for the making of blankets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 20, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012