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Utama Group
In this Group: Nancy, Jesusa, Vicenta , Santa, Mary , Silvana Maria, Mery Liliana, Erika
The "Utama" communal bank will start its second cycle in Pro Mujer, as part of the Collpani Regional Office. It is composed of eight members and is directed by a board headed by Nancy. The members of the communal bank have a variety of businesses. Among them, we have: selling food, selling auto parts, knitting blankets, selling tires, selling cosmetics, selling baby clothing, selling all types of wool, selling potatoes.

Nancy indicates that five years ago she joined a communal bank in Pro Mujer, joining at the invitation of a friend. Now she has a business selling caps and hats, which she has been doing for years.

The loan that she will now receive is to increase her capital (purchase of caps and hats). She will buy them at the La Paz festival and then sell them in her sales space. This business helps her to support her family, since she is married and has four children.

When she is asked what she likes about Pro Mujer, she responds that she likes the health area.
View original language description ↓
La A.C. “UTAMA” iniciará su segundo 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 Nancy. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de comida, venta de repuestos de autos, tejido de mantas, venta de gomas, venta de cosméticos, venta de ropa de bebe, venta de lana de todo tipo, venta de papa.

La señora Nancy, indica que hace cinco años que integra una asociación comunal en Pro Mujer, ingresando por invitación de una amiga. En la actualidad ella tiene un negocio de venta de gorros y sombreros que viene trabajando hace años.

El crédito que ahora sacará es para el aumento de su capital, (compra de gorras y sombreros), mismo que comprará de la feria paceña y posteriormente lo comercializará en su espacio de comercialización. Este negocio le ayuda a apoyar a su familia pues ella es casada 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

  • $2,817
    Average annual income
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $29,016,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Utama Group's $3,400 loan helped a member to purchase caps and hats.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 26, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012