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Cariñito Group
In this Group: Victoriana Soledad, Ruth Felisa, Benita, Santos Aolfo*, Gladys, Jimena, Andrea, Sonia *, Andrea Antonia, Elizabeth, Eugenia
* not pictured
The communal bank “Cariñito” is starting its first loan cycle with the organization Pro Mujer. They are working with one of the organization's regional offices in Santiago. The group is comprised of 11 members and is led by a board of directors, whose president is Victoriana.

The members are engaged in a variety of businesses, including:

- Selling cosmetics, purses, vegetables

- Selling roasted and toasted peanuts

- Making baby clothes

- Preparation of accounting documents

- A beauty salon

- An internet cafe

- A chauffeur business

The loan will benefit these small business owners, one of whom is Victoriana. She reports that she joined Pro Mujer three years ago, joining a group that one of her friends was in. Currently she has a business making baby clothes, using a knitting machine. She says that she learned this business from her mother over the course of several years and supported her mother in her business. Eventually her mother passed the business down to her.

The loan she is seeking is to buy wool. She will buy this wool at the border of Bolivia and Peru. After she makes the clothing she will sell it to retailers. This form of work allows her to earn income to support her family; she is single and has a son.

When she was asked what she likes about Pro Mujer, she responded that she likes the attention and the training in the areas of health and finance.

Note: for personal reasons, neither Sonia nor Santos appear in the photo.
View original language description ↓
La A.C. “CARIÑITO” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Santiago II, está compuesta por once integrantes y está dirigida por una mesa directiva donde la señora Victorina es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de cosméticos, tejido de ajuar para bebe, venta de maní al horno y tostado, venta de hortalizas y papa, salón de belleza, venta de comida, venta de cosméticos YAMBAL y EZIKA, venta de bolsas, preparación de documentos contables, café internet, chofer asalariado.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Victoriana es una integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por necesidad a un grupo de una de sus amigas en la institución. En la actualidad ella tiene un negocio de tejido de ajuares de bebe a máquina; cuenta que este emprendimiento fue de su madre hace varios años, donde ella apoyaba a realizarlo, posteriormente su madre le heredó este emprendimiento.

El crédito que ahora sacará es para la compra de materia prima (compra de lana) mismo que comprarán de la frontera de Bolivia – Perú y posteriormente a la elaboración lo comercializa a las galerías a pedido. 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 la atención y las capacitaciones en salud y crédito.

En la fotografía no esta presente la señora Sonia ni el señor Santos ambos por motivos personales.

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
  • 203
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Cariñito Group's $3,575 loan helped a member to buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2012
Listed
Aug 9, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013