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Socias Por Siempre Group
In this Group: Victoria Celia, Mariela, Benita Marcela, Antonia , Justina, Saturnina Epifania, Rosa
The "Socias Por Siempre" ("Members Forever") communal bank will start its second cycle with Pro Mujer, as part of the Los Andes regional office. It is comprised of seven members and is directed by a board, where Rosa is the Treasurer. The members of the association have a variety of businesses. Among them we have: upholstery, selling chuño (artisanal freeze-dried potato) and potatoes, weaving wool and macramé, food, grocery store, selling tires, sewing pants.

Patricia indicates that she joined Pro Mujer five years ago at the invitation of a promoter from the institution. Now she has a neighborhood store. She says that she started this business on her own initiative and that the loan the institution gave her helped her to expand her store.

The loan that she will now receive is for the expansion of her merchandise (purchase of rice, pasta, and sugar), which she will acquire at the warehouses in the city of El Alto and then sell in her store. This form of work allows her to generate resources to support her family as much as possible, since she is married and has two children.

When she is asked what she likes about Pro Mujer, she responds that she likes the loans, the health area, and the trainings.
View original language description ↓
La A.C. “SOCIAS POR SIEMPRE” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por siete integrantes y está dirigida por una mesa directiva donde la señora Rosa es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tapicería, venta de chuño y papa, tejido de lana y macramé, comedera, tienda de abarrotes, venta de llantas, costura de pantalones.

La señora Patricia, indica que hace cinco años que integra Pro Mujer, ingresando por invitación de una promotora de la institución. En la actualidad ella tiene un negocio de tienda de barrio, ella cuenta que inicio este negocio por emprendimiento propio y que el préstamo que le dio la institución le ayudo a agrandar su tienda.

El crédito que ahora sacará es para la ampliación de su mercadería (compra de arroz, fideo, azúcar) mismo que adquirirá de los almacenes de la ciudad de El Alto, posteriormente lo venderá 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 que le gusta de Pro Mujer, ella responde que le gusta los créditos, el área de salud y las capacitaciones.

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

  • $5,500
    Average annual income
  • 186
    View loans »
    Bolivia Loans Fundraising
  • $30,960,550
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Socias Por Siempre Group's $1,575 loan helped a member to purchase rice, sugar, and pasta.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013