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Hormiguitas Group
In this Group: Maria , Primitiva, Eliana, Alejandrina , Maria , Virginia , Justino , Eusebia , Julia Elena , Victoria Lucia
The communal bank Hormiguitas (Hardworking Women) will start in Pro Mujer’s first loan cycle as a part of the Regional Office of Achacachi. It is composed of ten members and is led by a board of directors, where María is the president. The businesses carried out by the communal bank’s members are varied; among them are selling cheese, llama meat, potatoes, vegetables, and production.

The loan that they will take out will benefit small microbusinesswomen, one of whom is María. She says that this is their first time with Pro Mujer, joining at the invitation of a promoter from the organization who visited her home. Currently, she has a business selling cattle, which she began at the suggestion of her husband when they decided to get married.

The loan that she will take out now is for the expansion of her business - to purchase cows and llamas, that she will buy at the markets, the surrounding communities, and later raise. This type of work allows her to generate resources to support her family as much as possible, as she lives in a common-law marriage and has five children.

When asked what she enjoys about Pro Mujer, she replied that she likes the loan and the savings.

In the picture, there is Eusebia’s son, who is wearing a gray sweatshirt; Alejandrina’s husband, wearing a blue sweatshirt, and Eliana’s sister, wearing a brown poncho.
View original language description ↓
La A.C. “HORMIGUITAS” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Achacachi, está compuesta por diez integrantes y está dirigida por una mesa directiva donde la señora es la María es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de queso, venta de carne de llama, venta de papas, venta de verduras, producción.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora María es una 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 invitarla. En la actualidad ella tiene negocios de comerciante de ganado vacuno que emprendió con a sugerencia de su esposo cuando decidieron casarse.

El crédito que ahora sacará es para ampliación de negocio (compra de vacas y llamas) mismo que comprará de las ferias las comunidades cercanas y posteriormente lo pondrá a crianza. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en unión libre y tiene cinco hijos.

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

En la fotografia se encuentran el hijo de la señora Eusebia que esta vestido con chompa ploma, el esposo de la señora alejandrina que se encuentra vestido con chiompa azul y la hermana de la señora Eliana que esta vestida con una manta cafe

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
  • 98
    View loans »
    Bolivia Loans Fundraising
  • $29,528,750
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Hormiguitas Group's $1,675 loan helped a member to purchase cows and llamas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013