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Zapatito Veloz Group
In this Group: Nancy , Julia , Beatriz, Antonia, Jovita Feliza , Felipa, Cristina, Filomena
The Zapatito Veloz communal bank will start its 11th loan cycle with Pro Mujer, working with one of the organization’s regional offices in Collpani. This group has right members, and is led by a management board headed by Nancy. The members of this communal bank carry out various businesses, including food sales, kitchen item sales, pork crackling and potato chip sales, general plastic sales, gelatin sales, jacket sewing, sweater-making and furniture sales.

The loan they will take out will benefit small micro-business owners such as Nancy. She notes that she joined Pro Mujer a year and a half ago, having been invited by a friend who is also a member of the association. Nancy currently has a dressmaking business, and says that various years ago she worked in a sewing workshop, but decided to save and open her own workshop and become more independent.

The loan Nancy has now applied for is to increase her capital (buying fabrics and threads), which she will purchase from distribution companies and then use to make items to sell on order. This way of working allows her to generate income to support her family as much as possible, as she is married with three children. When asked what she likes about Pro Mujer, Nancy responded that she likes the training given on loans and health.
View original language description ↓
La A.C. “ZAPATITO VELOZ” iniciará el decimo primer ciclo en Pro Mujer, como parte del Centro Focal de Collpani, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Nancy es la Persidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de comida, venta de repuestos de cocina, venta de chicharrón y papas fritas, venta de plásticos en general, venta de gelatina, costura de chamarras, tejido de chompas, venta de muebles.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Nancy es una integrante, ella indica que hace un año y medio que integra Pro Mujer, ingresando por invitación de una amiga que es socias de la institución. En la actualidad ella tiene un negocio de costura, ella nos cuenta que hace varios años trabajo en un taller de costura como operaria, ahorrándose decidió sacar su propio taller y ser independiente.

El crédito que ahora sacará es para el aumento de capital (compra de telas e hilos) que comprará de las empresas distribuidoras y posteriormente a la elaboración lo comercializará a pedido. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación en crédito y 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
  • 178
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Zapatito Veloz Group's $2,700 loan helped a member to buy fabrics and threads.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013