Santa Rosa Group
Vicencia indicates that she’s been a member of a Pro Mujer communal bank for a year having been invited to join by her fellow members. She currently has a blanket weaving business that she’s had for years; she learned this activity from her mother-in-law.
The loan she’ll take out now is to buy wool yarn that she’ll get in the city of El Alto’s street markets and after making them will sell them in her sales space. This business helps her support her family since she has a spouse and a son.
When asked what she likes about Pro Mujer, she answers that she likes the meetings and the health services.
La señora Vicencia, indica que hace un año que integra una asociación comunal en Pro Mujer, ingresando por invitación de sus compañeros. En la actualidad ella tiene un negocio de tejido de mantas que viene trabajando hace años, esta actividad la aprendió de su suegra.
El crédito que ahora sacará es para la compra de lanas, misma que los adquirirá de las ferias de El Alto y posterior a la elaboración lo comercializará en su espacio de venta. Este negocio le ayuda a apoyar a su familia pues ella vive en concubinato y tiene un hijo.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las reuniones y el área de salud.
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.
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Success!! The loan was 100% repaid