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27 De Mayo Group
In this Group: Fidelia, Nair Francis, Beatriz Susana, Ely Erika, Mery , Maria Isabel, Verónica Apolonia, Gladys
The “27 de Mayo" communal bank will start its first loan cycle in Pro Mujer, through the Santiago ll regional office. It is made up of eight members and is led by a board of directors of which Fidelia is the chairperson. The businesses that the members of the group carry on are varied. They include selling clothing, chocolate, flags, children's clothing and food.

The loan they will take out will benefit the owners of small businesses, including Fidelia. She says this is the first time she been a part of Pro Mujer, and she joined at the invitation of her daughter, who is a member of the institution.


At the present time, she has a business selling clothing. She indicates that this enterprise was acquired years ago, and that she sold used clothing, later changing the product to new clothing, which she sells with her daughter's help.

The loan she will take out now is to purchase merchandise such as fabric, which she will acquire from the border of Bolivia and Peru, and later sell in the markets in the city of El Alto. This form of work allows her to generate resources for supporting her family as much as possible, as she is single and has a child.

When asked what she likes about Pro Mujer, she responds that she likes the training area.
View original language description ↓
La A.C. “27 DE MAYO” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Santiago II, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Fidelia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de ropa, venta de chocolate, venta de banderas, venta de ropa para niños, venta de comida.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Fidelia es una integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de su hija que es socia de la institución. En la actualidad ella tiene un negocio de venta de ropa; da a conocer que este emprendimiento fue adquirido hace años, pues ella vendía ropa usada, cambiando el producto a ropa nueva que comercializa con el apoyo de su hija.

El crédito que ahora sacará es para la compra de mercadería (compra de tela) mismo que adquirirá de la frontera de Bolivia y Perú y posteriormente lo comercializará en las ferias de la Ciudad de El Alto. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es soltera y tiene un hijo.

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

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
  • $29,137,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 27 De Mayo Group's $2,850 loan helped a member to buy fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2012
Listed
Aug 8, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013