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Rubi Group
In this Group: Luisa , Rosmery Roxana, Silvia , Sara , Miriam Palmira , Lola , Rosse Mary , Olivia
The communal bank Rubi is beginning its eighth cycle with Pro Mujer as part of the Centro Focal de Villa Exaltación. It has eight members and is headed by a board with Luisa as the President. The businesses that the communal bank members have are varied and among them are: clothing sales, sales of skirts and ponchos, bakery, cosmetic sales, beauty products, used clothing, silver goods and jewelry.

The loan that they are taking will benefit small micro entrepreneurs where Luisa is a member. She says that she has eight cycles with Pro Mujer, joining through the invitation of her sister who is a member of the institution. Today she has a business selling underclothing. She tells us that as a child she worked with her mother selling underclothing, which is why she began her own business.

The loan that she is asking for now is to increase her capital (to buy underclothing) that she will buy from the wholesalers and then later she will sell them as a traveling salesperson in the markets in the city of La Paz. This way of working allows her to earn income to support her family as much as possible. She lives in a free union relationship and has three children.

When asked what she likes about Pro Mujer, she says that she likes the loan and health training.
View original language description ↓
La A.C. “RUBI” iniciará el octavo ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Luisa es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de ropa, venta de polleras y mantas, pastelería, venta de cosméticos, productos de belleza, venta de ropa usada, venta de joyas y material de plata.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Luisa es una integrante, ella indica que hace ocho ciclos que integra Pro Mujer, ingresando por invitación de su hermana que es socias de la institución. En la actualidad ella tiene un negocio de venta de ropa interior, ella nos cuenta que desde niña ella trabajó con su madre vendiendo ropa interior, es por esta razón que inicio su propio negocio.

El crédito que ahora sacará es para el aumento de capital (compra de ropa interior) que comprará de las vendedoras por mayor y posteriormente lo comercializará de forma ambulante en las ferias de la cuidad de La Paz. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en concubinato y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en crédito y 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
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Rubi Group's $2,425 loan helped a member to buy underclothing from wholesalers to sell in her business as a traveling salesperson in the markets of La Paz.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 26, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013