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Hormiguitas Trabajadoras Group
In this Group: Lola, Beatriz, Maria Remedios, Francisca, Antonia, Concepción
The “HORMIGUITAS TRABAJADORAS” (The Hard-Worker Ants) Communal Bank is beginning its first loan cycle with Pro Mujer at the Pan-American Regional Center. The group has 6 members under the direction of a governing board and headed by their President, Lola. The communal bank members run businesses that are varied in nature: pork rind sales, a kiosk selling sweets, manufacture of artisan purses and car part sales.

The loan that Lola's group is currently applying for will benefit these small business-owners. Lola says that it is the first time she has been involved with Pro Mujer, after she was invited to join by one of the institution's promoters who visited her home. Currently, Lola runs a business selling pork rinds. She says that she started this business after seeing her neighbors doing the same and now the work quite suits her.

This current loan will be used to increase her capital (to buy soft drinks), which she will buy from distributors and later sell in her business as an additional product. This type of work allows her to generate more money to support her family in whatever way they might need as she is a single mother with 5 children.

When asked what she likes about Pro Mujer, she replies that she likes the health support provided.
View original language description ↓
La A.C. “HORMIGUITAS TRABAJADORAS” iniciará el ciclo primer ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Lola es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de chicharrones de cerdo, venta de dulces en kiosco, fabricación de monederos artesanales, venta de repuestos de autos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Lola es 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 a visitarla. En la actualidad ella tiene un negocio de venta de chicharron; cuenta que este negocio lo emprendió al ver algunas vecinas y en la actualidad es le es muy cómodo en el trabajo.

El crédito que ahora sacará es para el aumento de capital (compra de refrescos) este producto lo adquirirá de los distribuidores y posteriormente lo instalará en su espacio de comercialización como un producto extra. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es soltera y tiene cinco 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
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Hormiguitas Trabajadoras Group's $1,600 loan helped a member to buy soft drinks to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013