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Esperanza Divina Group
In this Group: Carmen Mery , Susana , Deysi , Vicenta Lidia , Esperanza, Juana
The communal association "ESPERANZA DIVINA" (Divine Hope) will begin its first cycle in Pro Mujer as part of the focal point in Juan Pablo II. It is composed of 6 partners and is led by a directive board with Carmen as the president. The workers in the communal association have businesses which move them forward. There are a variety of businesses, including selling plush toys, making cakes, making sportswear, selling food, sewing jackets, and selling sweaters.

The loan they are taking out will benefit the small microfinances where Carmen works. She states that for a year she has been a part of Pro Mujer, entering through the invitation of a promoter in the institution. Now she has a business selling small cakes. She began this business years ago with the help of sister-in-law, who taught her the techniques, after which she began her own business.

The loan which she will receive is to increase capital (the purchase of icing) which she will acquire from bulk stores and later sell from her stand. This form of work permits her to generate income to support her home because she lives in a civil union with three children.

When asked what she likes about Pro Mujer, she says she likes the training by credit advisers.
View original language description ↓
La A.C. “ESPERANZA DIVINA” iniciará el ciclo 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 Carmen es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de peluches, repostería de queque, confección de ropa deportiva, venta de comida, costura de chamarras, venta de chompas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Carmen 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 venta de masitas; cuenta que este negocio lo emprendió hace años con la ayuda de su cuñada, la que le enseñó la técnica, posteriormente emprendió su propio negocio.

El crédito que ahora sacará es para el aumento de capital (compra de cremas pasteleras) que adquirirá de las tiendas de venta por mayor 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 vive en unión libre y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones de las asesoras de 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

  • $2,817
    Average annual income
  • 78
    View loans »
    Bolivia Loans Fundraising
  • $29,465,675
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza Divina Group's $950 loan helped a member to buy icing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Nov 17, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013