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Armada Boliviana Group
In this Group: Nieves, Rocio Nancy, Luisa Antonia, Jessica, Vicente Rene, Herminia , Gerónima , Beatriz Nancy, Verónica, Sabina *, Gloria Nieves, Teodora
* not pictured
The “Armada Boliviana” communal bank will start its tenth cycle in Pro Mujer as part of the Los Andes Focal Center. It has 12 members led by a governing board presided by Nieves. The communal bank members carry out a variety of businesses among which are hat sales, soft-drink sales, jacket sales, clothes sales, knitted crafts, bookbinding, perfume and cosmetics sales, fuel sales, backpack sales, cheese sales and grocery sales. The loan they’ll take out will benefit small micro businesswomen.

Nieves is a member and she indicates that she’s been part of Pro Mujer for 8 years having joined thanks to an invitation from a girlfriend who is a member of the institution. She has a business selling clothes she says she started 8 years ago with the loan she got from Pro Mujer. Her business has grown to date but because the Christmas season is about to start she must have more capital.

The loan she’ll take out now is to increase capital. She will buy clothes from wholesalers and then resell it in her shop. This way of working allows her to generate income to support her family since she’s married and has 8 children. When asked what she likes about Pro Mujer, she answers that she likes the credit training and the health services.

Sabina does not appear in the photo because she stood too far back and all that’s visible is her hat.
View original language description ↓
La A.C. “ARMADA BOLIVIANA” iniciará el decimo ciclo en Pro Mujer, como parte del Centro Focal Los Andes, está compuesta por doce integrantes y está dirigida por una mesa directiva donde la señora Nieves es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de sombreritos, venta de gaseosas, venta de chamarras, venta de ropa de vestir, artesanía en tejidos, encuadernación y tapas de carpetas, venta de perfumes y cosméticos, venta de gasolinas, venta de mochilas, venta de queso, venta de verduras.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Nieves es integrante, ella indica que hace ocho años que integra Pro Mujer, ingresando por ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de ropa, cuenta que este negocio lo emprendió hace ocho años con el préstamo obtenido de Pro Mujer; en la actualidad creció su negocio pero como ya iniciará la temporada navideña debe tener más capital.

El crédito que ahora sacará es para el aumento de capital (compra de ropa) que adquirirá de las vendedoras por mayor y posterior lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyarse económicamente a su familia pues ella es casada y tiene ocho hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que las capacitaciones en crédito y salud.

En la fotografía la señora Sabina no aparese ya que se coloco muy detrás y solo se identifica su sombrero.

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
  • $28,215,275
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Armada Boliviana Group's $3,025 loan helped a member to buy clothes.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013