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Florecitas Group
In this Group: Guillermina, Rosa , Julia, Hilda , Wilma Jimena, Silva Elena , Yola , Maria
The communal bank “Florecitas” (Little Flowers) will be starting its third cycle with Pro Mujer as a part of Centro Focal de Los Andes. It is made up of eight members and overseen by a board of directors. Señora Guillermina is the president of the board of directors. The members' businesses are varied and include: knitting gloves, selling chickens, selling prepared food, running a grocery store, vegetable sales, selling decorative cloths, fish sales and sewing jackets.

The loan they will take out will benefit the small micro-entrepreneurs, of which Señora Guillermina is one. She says that she became a member of Pro Mujer two years ago; she was invited by a promoter from the institution. Currently, Señora Guillermina has a business making vicuña wool blankets, which she learned as a child working together with her mother. She says that she started the business with very little capital, but that now the situation is improving.

The loan that Señora Guillermina is taking out is to increase her capital. She will purchase vicuña wool from the wholesalers and then make it into blankets fill her daily orders. This form of work allows her to generate the income she needs to financially support herself.

When asked what she likes about Pro Mujer, Señora Guillermina responds that she likes the savings.
View original language description ↓
La A.C. “FLORECITAS” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Guillermina es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tejido de guantes, venta de pollos, venta de comida, tienda de abarrotes, venta de verduras, venta de aguayos y pescado, costura de chamarras.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Guillermina es una integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por invitación de una promotora de la institución. En la actualidad ella tiene un negocio de producción de mantas de vicuña, mismo que aprendió de la colaboración que realizaba en su niñez a su madre, cuenta que este negocio lo emprendió con muy poco capital y en la actualidad mejoró esta situación.

El crédito que ahora sacará es para el aumento de capital (compra de lana de vicuña) que comprará de las comerciantes mayoristas y posteriormente a la elaboración lo comercializará a pedido todos los días. Esta forma de trabajo le permite generar recursos para apoyarse económicamente.

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

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
  • 74
    View loans »
    Bolivia Loans Fundraising
  • $28,685,150
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Florecitas Group's $4,075 loan helped a member to purchase vicuña wool.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013