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Despertar Group
In this Group: Marina, Ana Maria, Gabriela , Hortencia, Catalina , Maruja Maria, Virginia Florencia, Maribel Marizol
The community bank Despertar will soon start its first loan cycle with Pro Mujer. It is part of the Villa Tejada group and is comprised of 8 members and is directed by a board of directors of which Gabriela is the secretary. The members run a variety of businesses including: selling chickens, selling shoes, making shoes, making blankets, selling CDs, selling food, and selling clothes.
Gabriela says that this is the first loan cycle that the group has had and that she joined the group on the invitation of a friend. Currently, she has a business selling shoes and she has been doing this for years, having learned the trade from her parents.
She is requesting a loan to increase her capital for buying shoes, which she buys from the wholesalers and then sells from her stall. This works enables hear to generate income to support her family.
When we asked her what she likes about Pro Mujer, she said that she likes the health clinic.
View original language description ↓
La A.C. “DESPERTAR” iniciará su primer ciclo en Pro Mujer, como parte del centro focal Villa Tejada, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Gabriela es la secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de pollos, venta de calzados, producción de calzados, producción de mantas, venta de CD’s, venta de comida, venta de ropa.

La señora Gabriela, indica que es el primer ciclo que trabaja en Pro Mujer y que integro la institución por invitación de una amiga. En la actualidad ella tiene un negocio de venta de calzados que viene trabajando hace años, mismo que aprendió de sus padres.

El crédito que ahora sacará es para aumentar su capital (compra de calzados) que adquiere de los mayoristas y posteriormente lo comercializará en su puesto de venta. Esta forma de trabajo le permite generar recursos para apoyar a su familia.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el consultorio de 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

  • $2,817
    Average annual income
  • 97
    View loans »
    Bolivia Loans Fundraising
  • $28,726,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Despertar Group's $3,225 loan helped a member to buy shoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2012
Listed
Feb 22, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012