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Costeñitas Group
In this Group: Virginia, Maria, Hilda, Eva, Lidia, Goretty
This will be the first loan cycle that the communal bank “COSTEÑITAS” will have with Pro Mujer in Senkata. The group has seven members, and Virginia heads its board. The communal bank members pursue a variety of businesses: managing a local store, selling caps and handicrafts, knitting sweaters, and selling food. Virginia says that this is her first loan cycle with Pro Mujer, which she is joining at the invitation of an adviser and her partners. Years ago she started her current business making ponchos after learning the craft from her companions.

This loan will increase working capital to buy cloth, which will be purchased in the city of El Alto and later tailored to meet customer orders. Virginia is married and has three children, and this work means she can support her family as much as she can. When asked what she liked about Pro Mujer, she replied that she liked saving and the institution's health center.
View original language description ↓
La A.C. “COSTEÑITAS” 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 Virginia. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tienda de barrio, venta de gorras, artesanías, tejido de chompas, venta de comida.

La señora Virginia, indica que este es el primer ciclo que trabaja con Pro Mujer, ingresando por invitación de una asesora y sus compañeras. En la actualidad ella tiene un negocio de artesanía en chamarras, que inicio hace años, aprendiendo el mismo de sus compañeras de grupo.

El crédito que ahora sacará es para aumentar su capital (compra de tela), que compraran de la ciudad de El Alto y posterior a la elaboración lo comercializará a pedido. 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
  • 107
    View loans »
    Bolivia Loans Fundraising
  • $30,294,875
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Costeñitas Group's $1,400 loan helped a member to buy cloth.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2012
Listed
May 10, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012