Check out some available loans that are similar to this one!
Torre De Fuego Group
In this Group: Patricia, Rosmeri, Lucia, Sonia, Blanca Elena, Cristina, Gladys, Deysi Angelica
The Communal Bank "Torre Fuerte" will begin its first loan cycle with Pro Mujer as a part of the Santiago II regional office. It is made up of eight members and is lead by a board of directors in which Patricia is the President. The businesses that the members of this communal bank carry out are several. Among them we have the sale of shakes and juices, internet, bathroom attendants, food sales, plastics sales, hardware sales, wholesale meat sales and liquor sales.

The loan that is to be taken out will benefit the small business owners in which Patricia is a member. She indicates that this is the first time that she has worked with Pro Mujer, entering due to her need for economic support. Currently she has an internet service business which she learned through her own initiative several years ago.

The loan that she is now taking out is to increase her capital (buying toner) that she will buy from wholesale dealers and then distribute in her business locale. This type of work allows her to generate the resources to support her family. She lives with her partner and they have two children.

When she is asked what she likes most about Pro Mujer, she responds that she likes the loan and health training because they help her to understand and know more.
View original language description ↓
La A.C. “TORRE FUERTE” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Santiago II, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Patricia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de batidos y jugos, internet, atención de duchas, venta de comida, venta de plásticos, venta de materiales de ferretería, venta de carne por mayor, venta de licores.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Patricia es una integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por la necesidad de tener un apoyo económico. En la actualidad ella tiene un negocio de servicio de internet, mismo que emprendió por iniciativa propia hace varios años.

El crédito que ahora sacará es para el aumento de capital (compra de tonner) que comprará de las comerciantes mayoristas y posteriormente lo distribuirá en su espacio de comercialización. Esta forma de trabajo le permite generar recursos para apoyar a su familia pues ella vive en concubinato y tienen dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en crédito y salud porque les ayuda a comprender y conocer mas.

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
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $29,035,325
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Torre De Fuego Group's $2,475 loan helped a member to buy toner.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 19, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013