The 'KANTUTA' community bank are about to start their second loan cycle with Pro Mujer as part of the Collpani regional office. This group has eight members and is run by a board of directors which is headed by Berna. The businesses that the members are engaged in are varied and include: vegetable sales, making blankets from vicuña wool, selling 'chalona' (dried, salted lamb), macrame, selling jackets, working as an electrician, running a food stall and selling 'tucumanas' (meat pastries).
Berna tells us that she has been working with Pro Mujer for more than ten years. She joined the institution through an invitation from her daughter. She currently has a business making vicuña blankets which she has been working in for years. She learned this business from her daughter's mother-in-law.
Berna is currently requesting a loan to increase her capital (buying vicuña wool which she will acquire in local markets). After making her products, she will sell them on credit. This work allows her to make income with which to support her family. Berna is married and has two children.
When we asked her what she likes about Pro Mujer, Berna replied that she likes everything.
La A.C. “KANTUTA” iniciará su segundo ciclo en Pro Mujer, como parte del centro focal Collpani, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Berna. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de verduras, confección de mantas de vicuña, comerciante de chalona, macramé, venta de chamarras, electricista, tienda de comida, venta de tucumanas.
La señora Berna, indica que hace más de diez años que trabaja en Pro Mujer y que integro la institución por invitación de su hija. En la actualidad ella tiene un negocio de confección de mantas de vicuña que viene trabajando hace años, aprendiendo el mismo de su consuegra.
El crédito que ahora sacará es para aumentar su capital (compra de hilo de vicuña) que adquirirá de las ferias y posteriormente a la elaboración lo venderá a crédito. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella es casada y tiene dos hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta todo.
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.