The “Luz de Luna" communal bank is beginning its twelfth loan cycle through the Juan Pablo II regional office. It is made up of eight members and Zara is the chair. The livelihoods carried out within the group are varied, and include a neighborhood store, as well as businesses selling clothing, footwear, mobile phones, food, pants, cosmetics, stockings and fruit drinks.
Zara says that four years ago, she joined a communal bank within Pro Mujer, and that she was invited to do so by one of her co-members. Currently she has a business selling stockings, which has been operating for several years.
The loan she will now take out is to increase her capital through the purchase of stockings, which she will buy in the stores in La Paz, and subsequently sell at her stand. This way of working helps her family keep going, as she is married and has four children. When we ask her what she likes about Pro Mujer, she answers that she likes saving money.
La Banca Comunal “LUZ DE LUNA” inicia su decimo segundo ciclo en el Centro Focal de Juan Pablo II, está compuesta por ocho integrantes donde la señora Zara es la presidenta. Las actividades que desarrollan dentro del grupo son distintos, entre ellos tenemos: Tienda de barrio, venta de ropa, venta de calzados, venta de celulares, venta de comida, venta de pantalones, venta de cosméticos, venta de medias, venta de frescos.
La señora Zara cuenta que hace cuatro años que integra una Banca Comunal dentro de Pro Mujer y que para esto fue invitada por una de sus compañeras; en la actualidad ella tiene un negocio de venta de medias, mismo que trabaja hace varios años.
El crédito que ahora sacará es para aumentar su capital (compra de medias) los que comprarán de las galerías paceñas y posteriormente lo venderá en su puesto fijo. Esta forma de trabajo apoya a salir adelante a su familia pues ella es casada y tiene cuatro hijos.
Cuando le consultamos que le gusta de Pro Mujer, ella nos respondió que le gusta el ahorro.
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.