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Espiritu Santo Group
In this Group: Janneth, Leonardo, Maritza Maribel , Celia , Norah , Lucia Priscila, Raquel Ines, Martha , Olga , Yesica , Maxima
Espíritu Santo Communal Bank will begin its sixth cycle with Pro Mujer as part of the Los Andes regional office. It is made up of 11 members governed by a board of directors of which Janneth is president. The members of the communal bank carry out a variety of businesses: food sales, candy sales, carpentry, glasses sales, backpack sales, toy sales, furniture sales, cosmetics sales, fish sales, juice sales, and blanket weaving.

Janneth indicates that she has belonged to Pro Mujer for a year, joining on the invitation of a friend who is a member of the institution. Currently she has a furniture-making business. She says she began this business by learning the technique of using wood from her stepfather and later she began her own business.

The loan she will get now is to expand her merchandise (to buy wood), which she will get from the stalls. After making it she will sell it in her sales space. This form of work allows her to generate resources to support her family as much as possible, since she is married.

When asked what she likes about Pro Mujer, she responds that she likes the area of health.
View original language description ↓
La A.C. “ESPIRITU SANTO” iniciará el sexto ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por once integrantes y está dirigida por una mesa directiva donde la señora Janneth es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de comida, venta de dulces, carpintería, venta de vasos, venta de mochilas, venta de juguetes, venta de muebles, venta de cosméticos, venta de pescados, venta de jugos, tejido de mantas.

La señora Janneth, indica que hace un año que integra Pro Mujer, ingresando por invitación de una amiga socia de la institución. En la actualidad ella tiene un negocio de taller de carpintería, ella cuenta que inicio este negocio aprendiendo la técnica de manejo de madera de su padrastro y posteriormente ella inicio su propio negocio.

El crédito que ahora sacará es para la ampliación de su mercadería (compra de madera) mismo que adquirirá de las barracas, posteriormente a la elaboración 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.

Cuando se le consulta que 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

  • $5,500
    Average annual income
  • 172
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Espiritu Santo Group's $2,825 loan helped a member to buy wood.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Jul 18, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013