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Buena Semilla Group
In this Group: Fanny Lilit, Paulina , Consuelo , Josefa, Lidia, Marina, Gladys, Virginia
The “Buena Semilla” communal bank will start its third cycle in Pro Mujer as part of the Los Andes Focal Center. It has 8 members and a governing board headed by Fanny. The communal bank members carry out a variety of businesses. Among them we have: sales of ponchos, food sales, legwarmer sales, milk and cow sales, artifact sales, and selling footwear.

The loan will help small entrepreneurs where Fanny is a member. She has been with Pro Mujer for seven months after being invited by a friend who is a member of the institution. She currently has a business weaving legwarmers and alpaca hats. She learned this knitting technique from her brother-in-law and later worked independently. This loan will be used to increase her capital (purchase alpaca wool) acquired from the traditional fairs of El Alto. After finishing her product, she will sell from her sales location. This work allows her to earn an income as financial support for her family since she has a common-law husband and a son.

When asked what she likes about Pro Mujer, she answers that she likes the savings.
View original language description ↓
La A.C. “BUENA SEMILLA” iniciará el tercer 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 Fanny es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de ponchos, venta de comida, venta de polainas, venta de leche y vaquitas, venta de artefactos, venta de calzados.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Fanny es integrante, ella indica que hace siete meses 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 tejido de polainas y gorras de alpaca, cuenta que esta técnica de tejido y la forma de negocio lo aprendió de su cuñado y posteriormente lo trabajo independientemente.

El crédito que ahora sacará es para el aumento de capital (compra de lana de alpaca) que adquirirá de las ferias tradicionales de El Alto y posterior 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 unión libre y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta 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
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $29,659,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Buena Semilla Group's $1,975 loan helped a member to buy alpaca wool.
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:
Jul 17, 2013