Check out some available loans that are similar to this one!
Flor Naciente Group
In this Group: Veronica, Dolores, Yola Benita, Clavijo Julia, Juana, Amalia, Lucia Rosmery, Andrea
The community bank "Flor Naciente" will begin its third cycle with Pro Mujer, as part of the Villa Exaltación regional center. The group is composed of eight members, and they have a board of directors where Señora Juana is treasurer. The businesses of the members of the group are varied: among them we have selling sweets, selling coca, sewing pants, butcher shop, selling fabric, selling meat, selling vegetables, macramé, and selling plastic articles.

Señora Juana says that a year ago she put together a communal bank at the invitation of a co-worker. At this time she has a business selling vegetables, which she has done for years. The loan from this loan cycle is to expand her merchandise (buy vegetables), which she buys in the city of El Alto and then sells at her fixed stall. This form of work allows her to support her family, since she is single and has a son.

When asked what she likes about Pro Mujer, she responds that she likes the health center.
View original language description ↓
La A.C. “FLOR NACIENTE” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de de Villa Exaltación. Está compuesta por ocho integrantes y cuentan con una mesa directiva donde la señora Juana es Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de dulces, venta de coca, costura de pantalones, carnicería, venta de telas, venta de carne, venta de verduras, macramé, venta de artículos de plásticos.

La señora Juana, indica que hace un año que conforma una asociación comunal ingresando por invitación de una compañera de trabajo. En la actualidad ella cuenta con un negocio de venta de verduras, que viene trabajando hace años. El crédito de este ciclo es para ampliación de su mercadería (compra de verduras) que adquiere de la ciudad de El Alto y posteriormente lo comercializará en su puesto fijo. Esta forma de trabajo le permite apoyar a su familia pues ella es soltera y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área 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
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    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 $4,275 loan helped a member to buy vegetables to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2012
Listed
Apr 6, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012