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Flor Naciente Group
In this Group: Albina , Verónica Celia , Carol Pamela , Maria Pilar , Zulma , Irma Sonia , Delfina, Edith Candy, Jacoba
The lending club "Flor Naciente" will begin their 10th cycle with Pro Mujer, as part of the Centro Senkata. The group is made up of 9 members and is directed by a board whose head is Albina. The members' businesses are varied and include: selling potatoes and chuño [freeze-dried potatoes], selling sweaters, selling CDs, selling knit goods, and a telephone service.

Albina says she has worked with Pro Mujer for 5 years, after joining at the invitation of a promoter. Currently she has a business selling food, which she started some years ago.

The loan that she will take out is to increase her capital by buying vegetables at the markets in El Alto and later she will prepare them and sell them at her stall. This work has allowed her to generate income to support her family as much as possible.
View original language description ↓
La A.C. “FLOR NACIENTE” iniciará su decimo ciclo en Pro Mujer, como parte del Centro Senkata, está compuesta por nueve integrantes y está dirigida por una mesa directiva encabezada por la señora Albina. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de papa y chuño, venta de frutas, venta de chompas, venta de CD’s, venta de tejidos, venta de comida, punto de atención telefónica.

La señora Albina indica que hace cinco años que trabaja con Pro Mujer, ingresando por invitación de una promotora. En la actualidad ella tiene un negocio de venta de comida que viene trabajando hace años atrás.

El crédito que ahora sacará es para aumentar su capital (compra de verduras) que comprará de las ferias de El Alto y posteriormente a la elaboración lo comercializará en su puesto de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia

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
  • 93
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor Naciente Group's $3,875 loan helped a member to buy vegetables.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Feb 28, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012