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Amigas Group
In this Group: Rosario , Jhannett Sandra , Micaela Martha, Yemina Griselda , Bertha, Janeth, Fiorela Benita, Amy Judith
The “Amigas” (Friends) communal bank has begun its 6th loan cycle with Pro Mujer, as part of the Juan Pablo II loan center. “Friends” is composed of 8 members and is led by a directorate headed by Rosario. The businesses carried out by the members of the communal association are varied, including selling costume jewelry, groceries, meals, cosmetics, and operating a neighborhood store.

Rosario tells us that prior to the 3 years she has worked with Pro Mujer, she joined the communal bank at the invitation of her friends. Now she has a neighborhood general store that has been in existence for some time.

The loan that she seeks is for buying groceries in the local public markets, to be sold in her stall. This form of work allows her to generate resources to help her family. When asked what she likes about Pro Mujer, Rosario responded that she likes the savings.
View original language description ↓
La A.C. “AMIGAS” iniciará su sexto ciclo en Pro Mujer, como parte del centro focal Juan Pablo II, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Rosario. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: bisutería, venta de abarrotes, tienda de barrio, venta de comida, venta de cosméticos.

La señora Rosario, indica que hace tres años que trabaja en Pro Mujer y que integro la institución por invitación de sus amigas. En la actualidad ella tiene un negocio de tienda de barrio que viene trabajando hace algún tiempo.

El crédito que ahora sacará es para aumentar su capital (compra de víveres) que adquirirá de las ferias 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 ahorro.

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
  • 94
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amigas Group's $2,875 loan helped a member buy merchandise (groceries) for a general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2012
Listed
Feb 27, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012