Check out some available loans that are similar to this one!
30 De Octubre Group
In this Group: Hilda, Encarnación , Reina, Clementina, Gregoria, Veronica Elizabeth
The communal bank "30 DE OCTUBRE" is beginning its first loan cycle in the Pro Mujer program sponsored by the Panamerican Social Center. The group is comprised of six members and the acting president is Hilda. The members are involved in different business activities including dress-making, meat pie sales, convenience store, fruit sales, bricklayer assistance, fish sales and cell phone sales.

The loan they are requesting will benefit small entrepreneurs, incluiding Hilda who has been in the Pro Mujer Program for a year. She joined by invitation from one of the institution's promoters. She currently works as a seamstress and says she started the business years ago and learned her trade at a previous job where she made all kinds of products.

She plans to use the loan to increase her working capital and buy fabrics from one of the distributors in the city of El Alto. Then she will make her products to sell at her stall. Her work allows her to generate income to support her household as best she can since she is single and has a son.

When asked what she enjoys about Pro Mujer, she says she likes the health training area.
View original language description ↓
La A.C. “30 DE OCTUBRE” iniciará el primer 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 Hilda es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: costura de faldas, venta de salteñas, tienda de barrio, venta de fruta y ayudante de albañil, venta de pescado, venta de celulares.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Hilda es integrante, ella indica que hace un año que integra Pro Mujer, ingresando por invitación de una promotora de la institución. En la actualidad ella tiene un negocio de costura; cuenta que este negocio lo emprendió hace años aprendiendo de un anterior trabajo donde elaboraba este tipo de productos.

El crédito que ahora sacará es para el aumento de capital (compra de telas) que adquirirá de las empresas distribuidoras de la ciudad de El Alto y posteriormente a la elaboración lo comercializará en su puesto de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su hogar pues ella es soltera y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de 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
  • 221
    View loans »
    Bolivia Loans Fundraising
  • $31,548,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 30 De Octubre Group's $1,325 loan helped a member to buy fabric.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 11, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013