Check out some available loans that are similar to this one!
Piedras Blancas Group
In this Group: Maria Eugenia, Lucila, Margarita, Yhevana, Silvia María , Felipa Beatriz, Maritza Marisolarisol , Ximena
The “PIEDRAS BLANCAS” communal bank will start its first cycle in Pro Mujer, as a part of the Germán Busch Center. It is made up of eight members and led by a board of directors of which María Eugenia is the president. The members' businesses are varied. Among them we have: selling sweaters, a bread bakery, selling used clothing, selling toys and candies, sewing sports clothing, selling vegetables, selling furniture and orange juice, and selling toys.

The loan they are taking out will benefit the small businesswomen. María Eugenia is one of them. She says that twenty years ago she joined Pro Mujer on the invitaion of a counselor from the institution who visited her home. Right now she has a business selling candies and toys. She learned about this enterprise from her family.

The loan she will take out now is to increase her capital by buying candies and toys. She will acquire them from distributors and later sell them in her locale. This will let her generate income to support her family as much as possible, because she in single and has seven children.

When asked what she likes about Pro Mujer, she responds that she likes the trainings about credit and health.
View original language description ↓
La A.C. “PIEDRAS BLANCAS” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Germán Busch, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora María Eugenia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de busos, panadería, venta de ropa usada, venta de juguetes y dulces, costura de deportivos, venta de verduras, venta de muebles y jugo de naranja, venta de juguetes.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora María Eugenia es integrante, ella indica que hace veinte años que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a visitarla a su casa. En la actualidad ella tiene un negocio venta de dulces y juguetes, aprendiendo este emprendimiento de su familia.

El crédito que ahora sacará es para el aumento de capital (compra de dulces y juguetes) que adquirirá de las tiendas distribuidoras y posteriormente 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 es soltera y tiene siete hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de capacitación de 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
  • 100
    View loans »
    Bolivia Loans Fundraising
  • $29,538,850
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Piedras Blancas Group's $1,525 loan helped a member to buy candies and toys.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013