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Corazon De Jesus Group
In this Group: Abigail Teofila, Rosario Paola, Magdalena, Elizabeth Maria, Roxana, Rosario, Angela Lizeth, Lidia Antonia
The "Corazón de Jesús" ["Heart of Jesus"] Communal Association is starting its fourth cycle with Pro Mujer, as part of the Los Andes Regional Office. The group is comprised of eight members and the president of the Board of Directors is Abigail. The businesses that the group members run are varied and include: tamale sales, toy sales, clothing sales, vegetable sales, soda sales, blanket and quilt sales, home appliance sales, and a beauty salon.

The loan they are taking out will benefit each of these distinct businesses. One member, Abigail, indicates that she has been a member of Pro Mujer for a year and a half. She joined by invitation from a friend who is a member. Currently, Abigail has a business selling blankets. She says that she learned this business recently and that previously, she sold CDs. She moved on to this product because the revenue is better.

The loan Abigail is taking out now is for increasing her capital (buying blankets, which she will purchase at the Peru-Bolivia border). She will then sell the products at her sales space. This work allows her to generate income to support her family as best she can. She is single and has two children.

When asked what she likes best about Pro Mujer, Abigal responds that she likes the group solidarity.
View original language description ↓
La A.C. “CORAZON DE JESUS” iniciará el cuarto ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Abigail es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de humintas, venta de juguetes, venta de ropa, venta de verduras, venta de refrescos, venta de frazadas y edredones, venta de electrodomésticos, salón de peluquería.

El crédito que sacaran beneficiara a pequeñas microempresarias con distintos rubros, donde la señora Abigail es parte integrante, ella indica que hace año y medio que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de frazadas, cuenta que este negocio lo emprendió recientemente ya que ella anteriormente realizaba el comercio de CD’s, posteriormente pasó a este producto donde le da mayor réditos.

El crédito que ahora sacará es para el aumento de capital (compra de frazadas) que adquirirá de la frontera Perú – Bolivia, posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su hogar pues ella es soltera y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el grupo solidario.

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
  • 185
    View loans »
    Bolivia Loans Fundraising
  • $30,960,550
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazon De Jesus Group's $3,675 loan helped a member compra de frazadas.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013