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Hormiguitas Group
In this Group: Wilma , Holga , Jhuvinka Edilay , Maria Luisa , Maria Elena, Carmen Esperanza
The Hormiguitas group will begin its second loan cycle with Pro Mujer, as part of the Centro Focal de Panamericana. It is comprised of six members and is directed by a board led by Wilma as president. The members of the communal group have various businesses. Among them we have a trade in pork, cheese and meat sales, selling cosmetics, a neighborhood store, apparel sewing, and sportswear sewing.
The loan they take out will benefit the microentrepreneurs of which Wilma is a member. She says that she joined Pro Mujer by invitation two years ago when a friend who is a member of the institution came to visit her at her home.
Now she has her own business of a neighborhood store, which she started after recognizing the needs of her neighbors. The loan she will take out now is to increase capital (to buy sugar, canned goods, oils, etc.) which she will acquire from wholesale sellers and sell in her retail space.
This type of work allows her to generate resources to support her family, since she lives in union and has a daughter.
When you ask her what she likes about Pro Mujer, she responds that she likes the office.
View original language description ↓
La A.C. “HORMIGUITAS” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Wilma es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: comercio de chicharrón, venta de queso y carne, venta de cosméticos, tienda de barrio, costura de prendas de vestir, costura de ropa deportiva.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Wilma es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución que fue a visitarla a su casa. En la actualidad ella tiene un negocio de tienda de barrio que instaló al ver el requerimiento de los vecinos de su zona.

El crédito que ahora sacará es para el aumento de capital (compra de azúcar, enlatados, aceite, etc.) que adquirirá de las vendedoras por mayor y posteriormente a la elaboración lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella vive en unión libre y tiene una hija.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el consultorio.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Hormiguitas Group's $1,450 loan helped a member buy sugar, canned goods, oils, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Oct 7, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013