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Flor Group
In this Group: Eldy , Yoselyn Yenny, Maribel , Ignacia , Tania Teodora , Sindy , Danitza Fernanda, Victoria
The “Flower” Communal Bank is initiating its 1st loan cycle with Pro Mujer, affiliated with the Local Office in Villa Adela. The bank is composed of 8 members and is led by a governing board with Mrs. Eldy as President. The businesses that the communal association's members carry forward are varied. Among them are selling wood, mattresses, blankets, rugs, sweaters, recycled materials, scrap iron, and, also, operating a neighborhood store.

The loan they request will benefit the small micro-enterprises of Eldy's bank colleagues. She says this is the 1st time they have joined Pro Mujer, entering at the invitation of her friend who is a member of the institution. At present, she has a business selling wood. She relates that she learned the business from her parents many years ago, and later, to become independent, she began her own business.

The loan she now seeks is to increase her capital for buying wood, which she will purchase in communities of the department of La Paz and, later, sell from her commercial space in the city of El Alto. This type of work permits her to generate resources to help her family as much as possible. She lives in a common law union with 2 children.

When asked what she likes about Pro Mujer, Eldy responded that she likes the loans, the training, and the health care.
View original language description ↓
La A.C. “FLOR” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Villa Adela, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Eldy es la Presidenta Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de madera, venta de colchones, venta de frazadas, tapetes y chompas, venta de material de reciclaje, tienda de barrio, venta de chatarra.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Eldy es una integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de su amiga que es socias de la institución. En la actualidad ella tiene un negocio venta de madera, ella cuenta que este negocio lo aprendió de sus padres hace años atrás y posteriormente para su independencia ella inicio su propio negocio.

El crédito que ahora sacará es para el aumento de capital (compra de madera) que comprará de las comunidades del departamento de La Paz y posteriormente lo comercializará en su espacio de comercialización en la ciudad de El Alto. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es vive en concubinato y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los préstamos, la capacitación y 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

  • $5,500
    Average annual income
  • 177
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor Group's $2,525 loan helped a member buy wood to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Oct 4, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013