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25 De Junio Group
In this Group: Valeria, Lidia Gladis , Santusa , Guillermina , Eugenia, Andrea , Felipa
The Communal Bank "25th of June" will begin its first loan cycle with Pro Mujer, as part of the Alto Lima Regional Office. It is made up of seven members and lead by a board of directors in which Valeria is President. The businesses that the members of the communal bank carry forward are several. Among them we have artisans of hats, wool blanket weaving, sales of potatoes and "chuño"--a type of freeze-dried potato, vicuña wool spinning, weaving leg warmers, sweaters and pants with a machine, and salchipapa sales--a hot dog dish with fried potatoes.

Valeria indicates that this is the first time with Pro Mujer, entering by invitation from a promoter that went to her house. Currently she has a business weaving blankets. She says that she began this business because of her mother-in-law, three years ago. She taught her the skill of weaving, and since this time she works daily.

The loan that she will now take out is to increase her capital (to buy wool) which she will buy from the commercial stores and then sells in traditional markets in El Alto. This manner of work allows her to generate resources to support her family as possible. She is married and has four children.

When she is asked what she likes about Pro Mujer, she responds that she likes the health sector.
View original language description ↓
La A.C. “25 DE JUNIO” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Alto Lima, está compuesta por siete integrantes y está dirigida por una mesa directiva donde la señora Valeria es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: artesanía en sonbreritos, tejido de mantas de lana, venta de papa y chuño, hilado de lana de vicuña, tejido a máquina de polainas, sueter’s y busos, venta de salchipapa.

La señora Valeria, indica que es la primera vez que integra Pro Mujer, ingresando por invitación de una promotora que fue a su domicilio. En la actualidad ella tiene un negocio de tejedora de mantas, ella cuenta que este negocio lo emprendió por la de su cuñada desde hace tres años, la que le enseñó esta técnica de tejido, desde esa fecha ella lo trabaja diariamente.

El crédito que ahora sacará es para el incremento de capital (compra de lana) mismo que comprará de los almacenes de comercio y posteriormente los comercializará en ferias tradicionales de El Alto. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud.

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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $29,582,625
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 25 De Junio Group's $1,325 loan helped a member to buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2012
Listed
Jul 18, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013