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Arenas Del Mar Group
In this Group: Dionicio Placida, Rufina , Julia , Sabina, Celina, Mercedes , Teresa , Cayetana, Maria Eugenia
The “ARENAS DEL MAR” community bank is about to start its first loan cycle with Pro Mujer, as part of the Cascada regional office. The group has nine members and is run by a board of directors of which María Eugenia is the secretary. The businesses that the members of the group are engaged in are varied and include: selling iced treats, knitting baby clothes, running a tire shop, running a neighborhood store, selling soft drinks and gelatin desserts, running a butcher's shop, braiding blankets, selling food and selling alpaca blankets.

María Eugenia says that she joined Pro Mujer three years ago, having been invited by a loan officer who visited her home. She currently runs a neighborhood store. She says that she started her business because she needed work and an income with which to help cover the needs of her household.

The loan that María Eugenia is currently taking out will be used to improve her sales location (she will buy a counter where she can display her products). She will buy this piece of furniture in the street markets in the city of El Alto and then install it in her sales location. Her work enables her to make income with which to support her family. María Eugenia is married and has two children.

When asked her what she likes about Pro Mujer, María Eugenia replied that she likes the health training and the loans. She also likes the open courses where she can learn skills.
View original language description ↓
La A.C. “ARENAS DEL MAR” iniciará el ciclo primer en Pro Mujer, como parte del Centro Focal de Cascada, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora María Eugenia es la secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de helados, tejido de ropa de bebe, tienda de llantas, tienda de barrio, venta de refrescos y gelatinas, carnicería, trenzado de mantas, venta de comida, venta de mantas de alpaca.

La señora María Eugenia, indica que hace tres años y medio que integra Pro Mujer, ingresando por invitación de una asesora que fue a su domicilio. En la actualidad ella tiene un negocio de tienda de barrio, ella cuenta que este negocio lo emprendió por necesidad de trabajo y tener una entrada económica para ayudar a las necesidades del hogar.

El crédito que ahora sacará es para el mejoramiento de su espacio de comercialización (compra de mostrador para poder exponer sus productos) este mueble lo comprará de las ferias de la ciudad de El Alto y posteriormente lo instalará 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 dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación en salud y crédito; además de los cursillos abiertos pues las desestreza.

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
  • 105
    View loans »
    Bolivia Loans Fundraising
  • $29,134,625
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Arenas Del Mar Group's $3,100 loan helped a member to buy a counter.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2012
Listed
Jul 10, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012