Check out some available loans that are similar to this one!
Sol Radiante Group
In this Group: Mery Ana, Jamilka Helen, Patricia, Olga, Maria, Cristina, Clene Lody , Kari Felisa
The communal bank "Sol Radiante” (Radiant Sun) will begin its third cycle with Pro Mujer as a part of Centro Focal de Los Andes. It is made up of eight members and run by a board of directors headed by Señora Mery. The members' businesses are varied and include: making sportswear, knitting alpaca sweaters, selling sportswear, selling cosmetics, selling vicuna wool blankets and selling food.

Señora Mery says that she joined the Pro Mujer communal bank a year and a half ago. She was invited to join by the other members of bank. She currently has a business selling sweaters, which she has had for the last three years. She is learning the business from her aunt.

The loan that she is taking out is for increasing her capital. She will purchase sweaters from the city market in Oruro and later take orders to sell them in La Paz. This work is helping her support her family, as she is a single mother of one son.

When asked what she likes about Pro Mujer, Señora Mery says that she likes the health classes.
View original language description ↓
La A.C. “SOL RADIANTE” iniciará su 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 Mery. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: confección de deportivos, tejido de chompas de alpaca, venta de deportivos, venta de cosméticos, venta de manta de vicuña, venta de comida.

La señora Mery, indica que hace un año y medio que integra una asociación comunal en Pro Mujer, ingresando por invitación de las socias de grupo. En la actualidad ella tiene un negocio venta de chompas que viene trabajando hace tres años, aprendiendo el mismo de su tía.

El crédito que ahora sacará es para aumentar capital (compra de chompas), mismo que adquirirá de las ferias de la ciudad de Oruro y posteriormente lo comercializará a pedido en la ciudad de La Paz. Esta forma de trabajo le ayuda al sustento de 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 las capacitaciones en 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
  • 86
    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 Sol Radiante Group's $4,200 loan helped a member to purchase clothing.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2012
Listed
May 9, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012