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Manzanilla De Los Andes Group
In this Group: Rosmery, Paula, Lucia, Marina Primitiva, Candelaria, Martha, Pamela, Juana
The Communal Bank “Manzanilla de Los Andes” is starting its second loan cycle with Pro Mujer as part of the Los Andes Community Center. This group consists of eight members and is led by a Board of Directors headed by Sra. Rosmery as its president. The members of this Communal Bank engage in different businesses such as selling juices, selling vegetables, selling blankets, managing a neighborhood store, selling clothes, selling dried foods, selling potatoes, and operating an upholstery shop.


This loan will benefit small micro-entrpreneurs, such as Sra. Rosmery who is a member. She says that she joined Pro Mujer six months ago after receiving an invitation from some friends who are also members of the organization. At the moment, Rosmery has a business selling woven petticoats that are worn by indigenous women. She learned how to make these items years ago after she started her own workshop.


The loan she is receiving now will be used to increase her capital to buy wool. She acquires her supplies at wholesale shops and then proceeds with making her products at her retail space. Working in this manner enables her to generate income to financially support her family. Rosmery is in a common-law relationship and has one child.


When asked what she likes about Pro Mujer, Rosmery said that she enjoys the health seminars.

View original language description ↓
La A.C. “MANZANILLA DE LOS ANDES” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Rosmery es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de jugos, venta de verduras, venta de mantas, tienda de barrio, venta d ropa, venta de alimentos secos, venta de papa, tapicería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Rosmery es integrante, ella indica que hace seis meses que integra Pro Mujer, ingresando por ingresando por invitación de unas amigas que son socias de la institución. En la actualidad ella tiene un negocio de venta de tejido de centros para cholitas que aprendió en una fábrica hace años, posteriormente ella inicio su propio taller.

El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las tiendas que venden por mayor posteriormente a la elaboración lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyarse económicamente a su familia pues ella vive en concubinato y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gustan 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

  • $5,500
    Average annual income
  • 238
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Manzanilla De Los Andes Group's $5,500 loan helped a member to buy wool.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013