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Khory Group
In this Group: Maria Elena, Ruth Isabel, Ximena Rossy , Casilda, Lucy Rosmery, Miguelina Berwy, Elena, Lucha
The communal bank “KHORY” will start its sixth cycle in Pro Mujer [MFI], as part of the Focal Center of Patacamaya. The group has eight members and a governing board headed by María Elena. The members of the communal bank carry out different business activities, such as: selling gifts, food, various articles, beverages, clothing, tires, and supplies.
The requested loan will benefit microentrepeneurs like María Elena. She points out that this would be her second loan with Pro Mujer. She joined following an invitation from an MFI promoter that visited her house. Currently, she has a business producing and selling “charquecan” [traditional Bolivian dish]. She learned how to do this a long time ago working as a food assistant. Afterwards, she started her own business with a small amount of capital.
The loan will be used to increase her capital (buying maize, jerky, etc.) by acquiring it through the traditional fairs of the Bolivian altiplano. She will then prepare her dishes and sell them from her food stall. Her work has allowed her to earn an income to support her household since she is married and has three children.
When asked what she likes the most about Pro Mujer [MFI], she responds that she likes the health and credit programs.
View original language description ↓
La A.C. “KHORY” iniciará el sexto ciclo en Pro Mujer, como parte del Centro Focal de Patacamaya, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora María Elena es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos tenemos: venta de regalos, venta de verduras, venta de comida, venta de artículos varios, venta de refrescos, venta de ropa, venta de llantas, venta de útiles.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora María Elena es integrante, ella indica que es el segundo ciclo que integra Pro Mujer, ingresando por invitación de una promotora que trabaja en la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio producción y venta de charquecan (comida tradicional de Bolivia); cuenta que este negocio lo aprendió hace años, siendo ayudante de comida, posteriormente son un pequeño capital que tuvo inicio su propio negocio.

El crédito que ahora sacará es para el aumento de capital (compra de mote, charque, etc.) que adquirirá de las ferias tradicionales del altiplano y posteriormente a la elaboración comercializará sus platos en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su hogar pues ella está casada y tiene tres hijos.

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

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
  • 163
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Khory Group's $4,550 loan helped a member to buy maize, jerky, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013