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Alfa Y Omega Group
In this Group: Gladys, Maria Eugenia, Justina, Tereza , Angélica , Irma , Lucia
The communal bank "Alfa y Omega” will start their first loan cycle with Pro Mujer, as part of the Senkata centre. The group is composed of 7 members and is directed by a governing board led by Gladys. The businesses that the members of the communal bank have are varied, among them are: pork sales, asphalt for construction, American clothes sales, miscellaneous goods sales, and a crockery trader.

Gladys says that this is the first loan she will take with Pro Mujer. She came to it through the invitation of a Pro Mujer adviser. She now runs a small local grocery store that she started years ago, something she learnt from her mother. The loan she will get will help her increase her capital to purchase groceries that she will get from the city of El Alto and then sell every day, in the mornings and afternoons, in her store. This way of works allows her to generate resources to support her family as much as possible, being that she is married and has 3 children.

When she is asked what she likes about Pro Mujer, she says she likes the savings and the health service.
View original language description ↓
La A.C. “ALFA Y OMEGA” iniciará su primer ciclo en Pro Mujer, como parte del Centro Senkata, está compuesta por siete integrantes y está dirigida por una mesa directiva encabezada por la señora Gladys. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de carne de cerdo, asfalto de construcción, venta de ropa americana, venta de artículos varios, comerciante de vajillas.

La señora Gladys, indica que este es el primer ciclo que trabaja con Pro Mujer, ingresando por invitación de una asesora. En la actualidad ella tiene un negocio de tienda de barrio, que inicio hace años, aprendiendo el mismo de su madre.

El crédito que ahora sacará es para aumentar su capital (compra de abarrotes), que compraran de la ciudad de El Alto y los venderán todos los días por las mañanas y por las tardes en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro y 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
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $28,227,600
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Alfa Y Omega Group's $1,775 loan helped a member to puchase groceries.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2012
Listed
May 10, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012