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Flor Kantuta Group
In this Group: Gloria Maria, Maria Ines, Maria Elena, Luli Lourdes, Savina, Beatriz, Delfina, Exalto
The “FLOR KANTUTA” community association is made up of eight members and will begin its first cycle with Pro Mujer, as part of the Copacabana branch. It’s directed by a board of directors where Beatriz serves as the treasurer. The members run various types of businesses, such as knitting sweaters, selling food, soft drink stores, potato sales, hat and clothes making, butcher shop, and making pants.

This loan will help the small businesses, of which Beatriz has one of them. She says that this will be the first time she is part of an institution, which she joined on the invitation of a promoter who visited her at home. She has a sweater making business and learned this art form at a trade school, and later decided to work in this field.

She will use the money from this loan to diversify her business. She will buy wool from distributers and then resell it from her place of business. This type of work will allow her to generate income to support her family, since she lives with her husband and three children.

When asked what she likes about ProMujer, she says that she likes the training on borrowing and saving.
View original language description ↓
La A.C. “FLOR KANTUTA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal Copacabana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Beatriz es la Tesorera. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tejido de chompas, venta de comida, tienda de refrescos y otros, venta de papa, costura de sombreros y prendas, tienda de venta de carne, costura de pantalones.

El crédito que sacaran beneficiara a pequeñas microempresarias con distintos rubros, donde la señora Beatriz es parte integrante, ella indica que es la primera vez que se incorporó a la institución por invitación de una promotora que fue a visitarla a su casa. En la actualidad ella tiene el negocio de venta de tejido de chompas, cuenta que este negocio lo aprendió de una institución de enseñanza técnica y posteriormente decide trabajar realizando estos productos.

El crédito que ahora sacará es para diversificar su negocio (compra de lana) que adquirirá de las distribuidoras y posteriormente a la elaboración lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyarse en lo posible a su familia, ya que ella vive en concubinato y tiene tres hijos.

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

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
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $28,926,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor Kantuta Group's $1,550 loan helped a member to buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013