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Fortaleza Bautista Saavedra Group
In this Group: Sonia , Lidia , Otilia, Rosa , Claudia, Fidela
The communal bank “FORTALEZA BAUTISTA SAAVEDRA” will begin its first loan cycle with Pro Mujer as part of Centro Focal Juan Pablo II. The six members have a board of directors, and Sonia is president. The communal bank´s members have a variety of businesses: running a local store; weaving blankets and sweaters; machine weaving; making sports apparel; and selling food. The loan benefits micro businesses such as Sonia´s. Three years ago, she belonged to another Pro Mujer communal bank. Her aunt, a member of her current group, invited her to join this group.

Sonia has a local store that she began a year ago on the advice of a friend because she had little money. This loan will provide working capital to buy rice, noodles, and other items from wholesalers to resell in her space. This business allows her to support her family financially; she is married and has three children. When asked what she likes about Pro Mujer, Sonia said she enjoys the health and loan management training and the medical checkups.
View original language description ↓
La A.C. “FORTALEZA BAUTISTA SAAVEDRA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal Juan Pablo II, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Sonia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tienda de barrio, tejido de mantas, tejido a máquina, tejido de chompas, costura de deportivos, venta de comida.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Sonia es integrante, ella indica que hace tres años que Pro Mujer, en otra banca comunal; para la iniciación de este grupo fue invitada por una tía que también es socia de la institución. En la actualidad ella tiene un negocio de tienda de barrio; cuenta que este negocio lo emprendió hace un año por concejo de una amiga, ya que ella contaba en ese tiempo con un poco de capital.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, fideo, etc.) que adquirirá de las personas que venden por mayor y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar económicamente a su familia pues ella es esta casada y tiene tres hijos.

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

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
  • 118
    View loans »
    Bolivia Loans Fundraising
  • $28,261,650
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Fortaleza Bautista Saavedra Group's $1,025 loan helped a member to buy rice, noodles, and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Nov 14, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013