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Amautas Cerro Kantica Group
In this Group: Olga , Soledad, Francisco*, Lidia , Virginia, Francisca, Francisca , Dominga, Julia Amanda, Maria Roxana Elizabeth, Faustina , Maria
* not pictured
The community bank Amauta Cerro Kantica is starting their third cycle with Pro Mujer as part of the Pan-american loan center. The group is made up of twelve members and is led by a board, including Olga, who is the president. The members have different businesses, such as: selling food, sewing soccer balls, selling chicharrones, incense, bricklayer, selling flowers, selling soft drinks, selling cosmetics, selling fish, selling underwear, and being a nanny.

The loan that they took out benefited small business owners where Olga was a member. She said that she has been a member of Pro Mujer for three years. She joined at the invitation of a friend who is a member of the institution. Currently she has a business selling soft drinks. She said that she learned this business years ago after seeing the need from the people who visit the yatiris (a person who reads luck in coca leaves).

The loan they are taking now is to increase capital and purchase soft drinks. She acquires them from distribution trucks and later sells them in her sales space. This type of work allows her to generate income to support her family since she has a common-law marriage and has two daughters.

When asked what she likes about Pro Mujer, she said that she likes the health trainings and loans.

Francisco is not present in the photograph for cultural reasons.
View original language description ↓
La A.C. “AMAUTA CERRO KANTICA” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por doce integrantes y está dirigida por una mesa directiva donde la señora Olga es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de comida, costura de balones, venta de chicharrón, sahumerio, albañil, venta de flores, venta de frescos, venta de cosméticos , venta de pescado, venta de ropa interior, niñera.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Olga es integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio venta de refrescos; cuenta que este negocio lo emprendió hace años aprendiendo al ver la necesidad de las personas que visitan el a los yatiris (persona que lee suerte en coca).

El crédito que ahora sacará es para el aumento de capital (compra de refrescos) que adquirirá de las camiones distribuidores y posteriormente lo instalará en su espacio de comercialización. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en unión libre y tiene dos hijas.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en salud y crédito.

En la fotografía no esta presente el señor Francisco, por razones culturales.

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
  • 229
    View loans »
    Bolivia Loans Fundraising
  • $31,613,275
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amautas Cerro Kantica Group's $3,825 loan helped a member to purchase soft drinks.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Oct 7, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013