Bella Vista Group
Seventeen women constitute part of the Bella Vista Association, which belongs to the main Los Andes Group. The Los Andes Group has worked in partnership with Pro-Mujer for the last eight years and it has always complied with the terms of the loans granted to it.
Almost all the children confirm that the financial support of their families is basically the responsibility of their mothers since, unfortunately, most of the women were abandoned by their husbands, forcing them to become heads of their households.
Handicraft is the main activity of the group and original garments woven in Alpaca wool are in great demand by their customers. In addition, members of the association also produce quilts, blankets, scarves, etc. They need more capital to buy raw materials for making more products and to enable them to export these products.
Translated from Spanish by MuseAndThinker, Kiva Volunteer
17 mujeres forman parte de la asociación Bella Vista que pertenece al centro focal Los Andes que trabaja junto a Pro-Mujer hace ocho años, demostrando siempre cumplimiento en cuanto a sus créditos.
Casi todas hijos afirman que la economia de sus hogares depende basicamente de ellas ya que lamentablemente a la mayor parte de ellas sus esposos las abandonaron teniendo que ser jefes de familia.
La artesanía es la actividad principal del grupo, originales prendas tejidas en lana de alpaca son la mayor atracción para sus compradores,, además también producen mantas, mantillas, chalinas y otros. Necesitan mayor capital para la compra de materia prima para, realizar mayores productos y poderlos distribuir al exterior.
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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