The "Las Amigas" communal bank will start its 13th loan cycle in Pro Mujer through the Los Andes regional office. It is composed of eight members and led by a board of directors headed by Martha. The businesses carried out by the members of the group are varied and include: sale of vegetables, clothing, baby clothing, candy and food, as well as textile weaving and book-binding.
Martha says that she has been a member of a communal bank in Pro Mujer for two years, and joined on her own initiative. Currently she has a neighborhood store business that she has been working in for some years, having learned this occupation from her son.
The loan she will now take out is to buy merchandise such as food supplies, that she will acquire in the city markets of El Alto, and subsequently sell in her store. This business helps her to support her family, as she is in a common-law relationship and has three children.
When asked what she likes about Pro Mujer, she answers that she likes the training in the area of health and credit.
La A.C. “LAS AMIGAS” iniciará su decimo tercer ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva encabezada por la señora Martha. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de verduras, venta de ropa, encuadernación, venta de ropa de bebe, venta de golosinas y otros, tejido de mantas, venta de comida.
La señora Martha, indica que hace dos años que integra una asociación comunal en Pro Mujer, ingresando por voluntad propia. En la actualidad ella tiene un negocio de tienda de barrio que viene trabajando hace años, aprendiendo el mismo de su hijo.
El crédito que ahora sacará es para la compra mercadería (compra de víveres), que adquirirá de las ferias de la ciudad de El Alto y posteriormente lo comercializará en su espacio de comercialización. Este negocio le ayuda a apoyar a su familia pues ella vive en concubinato y tiene tres hijos
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación en el área de salud y crédito.
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.