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Paraiso Group
In this Group: Nataly Maritza , Maria Luisa , Florencia, Maria Elena, Yesenia Ibeth, Benita, Amelia Valeria, Veronica
The “Paraíso” (Paradise) communal bank will start its first cycle in Pro Mujer as part of the Collpani Focal Center. It has 8 members led by a governing board with Yesenia as its treasurer. The members of the communal bank carry out a variety of businesses. Among them we have: shoe making, general merchandise sales, Broasted chicken sales, beauty salon, shoe sales and clothes sales.

Yesenia indicates that she’s been part of Pro Mujer for three years having been invited to join by some girlfriends. She currently has a “cholita” [traditional indigenous] and women’s shoe manufacturing business that she’s been operating for years. She learned it from her father.

The loan she’ll take out now is to increase working capital (purchase of leather) that she’ll buy in street markets in La Paz and after manufacturing will sell in her sales space. This way of working allows her to generate resources to help her family in whatever way possible since she’s single and has a son.

When asked what she likes about Pro Mujer, she answers that she likes the health services and the understanding.
View original language description ↓
La A.C. “PARAISO” iniciará el ciclo primer en Pro Mujer, como parte del Centro Focal de Collpani, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Yesenia es la tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: artesanía de calzados, venta de artículos varios, brostería, salón de belleza, venta de calzados, venta de ropa.

La señora Yesenia, indica que hace tres años que integra Pro Mujer, ingresando por invitación de unas amigas. En la actualidad ella tiene un negocio de elaboración de calzados de cholita y damas, mismo que viene trabajando hace años, aprendiendo el mismo de su padre.

El crédito que ahora sacará es para el aumento de capital (compra de cuero), que comprará de las ferias paceñas y posteriormente a la elaboración lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a 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 la atención en salud y la comprensión.

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
  • 111
    View loans »
    Bolivia Loans Fundraising
  • $28,250,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Paraiso Group's $2,950 loan helped a member to buy leather.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2012
Listed
May 10, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012