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Coca Group
In this Group: Madelinne , Elza, Ivan, Jorge , Mirian Carla , Milena , Basilia , Yhoanina Maricela , Isabel
The "COCA" Communal Association is beginning its fourth loan cycle with Pro Mujer, as part of the Patacamaya Regional Centre. This group is made up of 9 members and is run by a committee which is headed by their President, Madelinne. The businesses run by the Communal Association members are quite varied and include: a local shop, mobile phone sales, and cosmetic sales.

Madelinne tells us that this is her fourth cycle with Pro Mujer and that she joined the institution by invitation from a promoter. Currently she is running a local shop and has been doing so for many years now.

She is applying for this loan to be able to increase her stock (to buy general groceries) which she will purchase within her community and later sell them in her place of business. This work allows her to earn more for her family - she lives with her partner and 2 children.

When asked, she tells us that she likes Pro Mujer and she likes the healthcare support she also receives from them.
View original language description ↓
La A.C. “COCA” iniciará su cuarto ciclo en Pro Mujer, como parte del centro focal Patacamaya, está compuesta por nueve integrantes y está dirigida por una mesa directiva de la cual la señora Madelinne es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tienda de barrio, venta de celulares, venta de cosméticos

La señora Madelinne indica que es el cuarto ciclo que trabaja en Pro Mujer y que integro la institución por invitación de una promotora. En la actualidad ella tiene un negocio de tienda de barrio que viene trabajando hace años atrás.

El préstamo que sacará es para aumentar su capital (compra de abarrotes) que adquirirá de su comunidad y posteriormente lo venderá en su lugar de comercio. Esta forma de trabajo le permite generar recursos para apoyar a su familia, pues ella vive en concubinato y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación 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
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,790,450
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Coca Group's $2,200 loan helped a member to buy groceries.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2012
Listed
Feb 24, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012