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Manuel Ascencio Padilla Ii Group
In this Group: Manuela , Virginia, Petrona, Neolinda , Cynthia Patricia, Dionisia, Martina, Ximena
The communal bank "Manuel Asencio Padilla" will start the second cycle in Pro Mujer, as a part of the Centro Focal de los Andes [Andes' regional office]. It is composed of eight members and it is managed by a board where Mrs. Manuela is the president. The businesses that the members of the communal bank have are varied. Among them: sweater knitting, food sales, fruit sales, typical-skirts businesses, groceries stores, locksmith's shops.

The requested loan will benefit small entrepreneurs where Mrs. Manuela is a member. She mentions that she has been a member of Pro Mujer for ten years, invited by her friends, who were members of the institution. She has now a food business. She mentions that she undertook this business some years ago with little capital. As time passed, and with the loan's support she expanded it and it is currently generating a lot of profit.

The loan she is requesting is intended for increasing the capital (to buy rice, oil, etc.) which she will buy from wholesale stores and after preparing them, she will sell them in her establishment. This kind of job allows her to generate resources for supporting, as much as possible his family, since she is married and has six children.

When she is asked what she likes about Pro Mujer, she answers that she likes the training programs in health issues.
View original language description ↓
La A.C. “MANUEL ASENCIO PADILLA” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por Ocho integrantes y está dirigida por una mesa directiva donde la señora Manuela es la presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: tejido de chompas, venta de comida, venta de fruta, pollerería, tienda de barrio, taller de cerrajería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Manuela es integrante, ella indica que hace diez años que integra Pro Mujer, ingresando por sus amigas que eran socias de la institución. En la actualidad ella tiene un negocio de venta de comida, da a conocer que este negocio lo emprendió hace años con un poco capital, con el pasar del tiempo y el apoyo del crédito lo agrando y en la actualidad genera muchos dividendos.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, aceite, etc.) que adquirirá de las tiendas distribuidoras y posteriormente a la elaboración lo comercializará en su puesto de comercialización. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es casada y tiene seis hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en 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
  • 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 Manuel Ascencio Padilla Ii Group's $2,425 loan helped a member to buy rice, oil, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013