The businesses that the communal bank members carry on are varied, and include: sale of coca leaves, public transportation, sale of meat, grocery store, sale of food, sale of lamb meat, and construction helper.
The loan they will be taking out will benefit small business owners including Ignacia. She says that this is the first time she has joined Pro Mujer, becoming a member at the invitation of a field worker of the institution, who came to her house.
Currently she has a business selling lamb. She tells us that she learned this business as a small child from her parents, as this is a family business. With the passage of time, she runs it on her own.
The loan she will take out now is to increase working capital, through the purchase of lamb, which she buys at the markets in the city of El Alto and will later sell at her business. This livelihood allows her to generate income to support her family as best she can, since she is married and has six children.
When asked what she likes about Pro Mujer, she answers that she likes the training in credit and health.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Ignacia es una integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a su casa. En la actualidad ella tiene un negocio de venta de cordero; nos cuenta que este negocio lo adquirió de sus padres desde niña, ya que este es un negocio familiar y con el pasar del tiempo ella lo trabaja sola.
El crédito que ahora sacará es para el aumento de capital (compra de cordero) mismo que adquiere de las ferias de la Ciudad de El Alto y posteriormente lo comercializará en su negocio. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene seis hijos.
Cuando se le consulta que le gusta de Pro Mujer, ella responde que le gusta la capacitación en crédito y salud.
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.
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