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7 De Mayo Group
In this Group: Susana, Teresa, Rosmery Hilda, Julia , Agustina, María, Rosa, Virginia
The “7 de Mayo” Communal Bank is beginning its 3rd loan cycle with Pro Mujer as part of the Collpani cluster. The bank has 8 members and is directed by a board headed by Susana. The businesses pursued by the communal association's members are varied, but include: selling green vegetables, groceries, scarves, clothing, meat and greens, and meals, and making jackets and doors.

Susana tells us that some 3 years ago her communal association joined Pro Mujer, on the invitation of friends. At present, she owns a neighborhood store that she has operated for years. She learned this activity from her father.

The loan Susana is taking out will augment her capital, and be used to buy groceries, which she will obtain from markets in the city of El Alto. Later, she will re-sell the items in her stall. Her business will provide assistance for her family. Susana lives with a partner and has 4 children. When asked what she liked about Pro Mujer, she responded that she liked the health care.
View original language description ↓
La A.C. “7 DE MAYO” iniciará su tercer ciclo en Pro Mujer, como parte del Centro Focal Collpani, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Susana. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de verduras, producción de chamarras, venta de abarrotes, venta de mantas, producción de puertas, venta de ropa, venta de carne y verduras, venta de comida.

La señora Susana, indica que hace tres años que integra una asociación comunal en Pro Mujer, ingresando por invitación de unas amigas. En la actualidad ella tiene un negocio de tienda de barrio que viene trabajando hace años, esta actividad la aprendió de sus padre.

El crédito que ahora sacará es para el aumento de su capital, (compra de abarrotes), mismo que comprará de la ferias de la cuidad de El Alto y posteriormente lo comercializará en su puesto fijo. Este negocio le ayuda a apoyar a su familia pues ella vive en concubinato y tiene cuatro hijos.

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

  • $5,500
    Average annual income
  • 174
    View loans »
    Bolivia Loans Fundraising
  • $30,755,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 7 De Mayo Group's $2,600 loan helped a member purchase groceries to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012