Check out some available loans that are similar to this one!
Conquistadoras Group
In this Group: Maria Cleofe, Veronica Laura, Alicia , Ines , Ines, Rosmery, Hilaria, Nelida
The communal bank Conquistadoras will begin its third cycle with Pro Mujer as part of the Centro Focal de Los Andes. They have eight members and are headed by a board with María as president. The businesses that the members of the communal bank have are varied and among them are: selling toys, weaving sweaters and blankets, macramé blankets, grocery stores, and crafts.

The loans they are taking out will benefit the small micro-entrepreneurs where María is a member. She says that she has two cycles as a member of Pro Mujer, joining through the invitation from a friend that is a member of the institution. Currently she has a weaving business, and discloses that she learned this business in order to help her family, later starting her own business with a small amount of capital.

The loan that she is taking out now is to increase her capital (to buy wool and yarn) to buy from the suppliers in the city of El Alto and later to make and sell in different departments of Bolivia. This way of working allows her to earn income in order to support her family as much as she can, as she is a widow with four children.

When asked what she likes about Pro Mujer, she says that she likes the training and the savings.
View original language description ↓
La A.C. “CONQUISTADORAS” iniciará el tercer 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 María es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de juguetes, tejido de chompas y mantas, macramé de mantas, tienda de barrio, artesanía

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Maria es integrante, ella indica que hace dos ciclos que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de tejidos, da a conocer que aprendió este negocio al ayudarle a su familia, posteriormente emprendió su propio negocio con un pequeño capital.

El crédito que ahora sacará es para el aumento de capital (compra de lanas e hilos) que adquirirá de las proveedoras de la ciudad de El Alto y posteriormente a la elaboración lo comercializará en distintos departamentos de Bolivia. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su familia, pues ella es viuda y tiene cuatro hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones y los ahorros.

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
  • 80
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Conquistadoras Group's $3,075 loan helped a member to buy wool and yarn for her weaving business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013