Check out some available loans that are similar to this one!
Urbanización 31 De Enero Group
In this Group: Maria , Luisa, Silvia Cecilia, Maruja Bertha, Yanet, Veronica , Carmen Luzmilda, Guillermina Erminia
The “Urbanización 31 de Enero” communal bank will start its fourth cycle in Pro Mujer as part of the Panamericana Focal Center. It has 8 members led by a governing board headed by María, President. The members carry out a variety of businesses among which are: sand sales, crafts, knit glove and cap making, sweater knitting, butcher shop, dried meat sales, hat and legging making.

They will take out the loan to benefit their micro businesses. María is a member and she indicates that she joined Pro Mujer a cycle ago having been invited to join by one of the institution’s program’s promoters who visited her at home. She currently has a butcher shop that she says she started with her first loan she got from the institution and is currently doing very well.

The loan she’ll take out now is to increase her work tools; she will buy a freezer in the local street market in El Alto to then install in her shop. This way of working allows her to have the resources to support her family the best way possible since she’s married and has four children. When asked what she likes about Pro Mujer, she answers that she likes the health services.
View original language description ↓
La A.C. “URBANIZACIÓN 31 DE ENERO” iniciará el ciclo cuarto ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Maria es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de arena, artesanía, artesanía en guantes y chullus, tejido de chompas, carnicería, venta de charque, artesanía en sombreros, artesanía en polainas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Maria es integrante, ella indica que hace un ciclo que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a su casa a visitarla. En la actualidad ella tiene un negocio de tienda de carne; cuanta que este negocio lo emprendió conjuntamente el primer préstamo que hizo en nuestra institución y en la actualidad le está yendo muy bien.

El crédito que ahora sacará es para el aumento de herramienta (compra de congeladora) que adquirirá de las ferias de la ciudad de el alto y posteriormente lo instalará en su espacio de comercialización. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene cuatro hijos.

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

  • $2,817
    Average annual income
  • 137
    View loans »
    Bolivia Loans Fundraising
  • $30,362,825
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Urbanización 31 De Enero Group's $5,525 loan helped a member to buy a freezer.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013