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Machac Qhantati Group
In this Group: Nancy Virginia, Rogelia, Zenobia Wilma, Jhonny Franz, Irene, Matias, Erika Otilia, Luis Guillermo
The “Machac Qhantati” communal bank will start its first cycle in Pro Mujer as part of the Copacabana Focal Center. It has 8 members led by a governing board presided over by Nancy. The members of the communal bank carry out a variety of businesses among which are dairy, traditional skirt sewing, soft-drink store, cheese sales, grocery store, driver.

The loan they’ll take out will benefit small, micro businesswomen with various lines of work. Nancy is one of them. She says this is the first time she’s joined the institution having been invited by a girlfriend who is a member of the institution. She currently has a grocery store, a business she learned by working previously in a store and then deciding to open her own business.

The loan she’ll take out is to diversify her business. She will buy grocery items, beer and mobile phone airtime cards from suppliers and then sell them in her store. This way of working makes it possible for her to generate resources to support her family as possible since she’s single and has three children. When asked what she likes about Pro Mujer, she answers that she likes the savings.
View original language description ↓
La A.C. “MACHAC QHANTATI” 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 Nancy es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: lechería, costura de enaguas, tienda de refrescos, venta de queso, tienda de abarrotes, chofer.

El crédito que sacaran beneficiara a pequeñas microempresarias con distintos rubros, donde la señora Nancy es parte integrante, ella indica que es la primera vez que se incorporó a la institución por invitación de unas amigas que son socias de la institución. En la actualidad ella tiene el negocio de tienda de abarrotes, cuenta que este negocio lo aprendió de un negocio en el que trabajaba anteriormente y posteriormente decide abrir su propio negocio.

El crédito que ahora sacará es para diversificar su negocio (compra de abarrotes, cerveza y tarjetas telefónicas) que adquirirá de las distribuidoras y posteriormente 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 es soltera y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gustan 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
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,957,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Machac Qhantati Group's $2,225 loan helped a member to buy rice, beer and telephone airtime cards.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013