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Joyitas De Oro Group
In this Group: Candelaria, Karen Marlene, Paulina, Reyna Regina, Constancia , Aydee , Martha , Jhovanna, Angelica Lilian
The communal bank Joyitas De Oro is starting its 18th loan with Pro Mujer, which belongs to the regional office of Villa Exaltación. It comprises nine members and is run by a board of directors. Candelaria is the board President. The members of this communal bank have several types of businesses, such as selling potatoes and chuño (a traditional freeze-dried potato product), making traditional sweaters, selling clothing, selling cell phones and technology, selling salchipapas (a sausage and potato dish), shoe repair, selling shoes, a neighborhood store, and a coffee-shop stall.

Candelaria says she joined Pro Mujer two years ago through her sister-in-law, who invited her. She currently has a business selling potatoes and chuño. She says she started this business because she didn't have any money and she wanted to help her husband generate resources by selling regional products.

The loan she is now requesting will be used to increase capital (to purchase potatoes and chuño). She will buy from the rural areas and later sell at the traditional markets in the city of El Alto. This line of work allows her to generate resources in order to support her family as best she can, since she is in a common-law marriage and has four children.

When asked what she likes about Pro Mujer, she says it is the health trainings and the loans.
View original language description ↓
La A.C. “JOYITAS DE ORO” iniciará el ciclo decimo octavo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Candelaria es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: comerciante de papa y chuño, artesanía en chompas, venta de ropa, venta de celulares y técnico, venta de salchipapas, zapatería, venta de calzados, tienda de barrio, kiosco de cafetería.

La señora Candelaria, indica que hace dos años que integra Pro Mujer, ingresando por invitación de su cuñada. En la actualidad ella tiene un negocio de venta de papa y chuño ella cuenta que este negocio lo emprendió porque no tenía dinero y quiso ayudar a su esposo a generar recursos, mediante la venta de productos del altiplano.

El crédito que ahora sacará es para el incremento de capital (compra de papa u chuño) mismo que comprará del área rural y posteriormente lo venderá en las ferias tradicionales de la cuidad de El Alto. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en concubinato y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación en salud y crédito.

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
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $29,481,750
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Joyitas De Oro Group's $3,925 loan helped a member to purchase potatoes and chuño.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2012
Listed
Jul 10, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013