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Las Favoritas Group
In this Group: Virginia Ines , Luisa , Consuela Julieta , Juana, Deysi Aurora, Sabina Lucia , Petrona, Romualda, Deysy Vanessa
The "Las Favoritas" communal bank will begin its seventh cycle with "Pro Mujer", through the Cascada regional office. Made up of nine members, Las Favoritas group is directed by a board presided over by Virginia. The members of this communal bank have various types of businesses, including: brick cutting, businesses selling plaster, food, clothes, noodle soups, jumpers and macrame blankets and grocery stores,

This loan will benefit micro businesses in Virginia's group that are in different lines of work. Virginia has said that she joined Pro Mujer two years, following an invitation from a friend who was a member of the bank. Virginia currently has a business selling food. She says that some years ago she had a cheese business but decided to start a foods business, with the help of another woman.

This loan will be used to increase stock (to buy rice and noodles in bulk) which will be bought in the shops of El Alto city and, following production, it will be sold in her sales outlet.

This type of work will allow her to generate an income to support her household. She is married with four children.

When asked what she likes about Pro Mujer, Virginia responds that she likes the health area.
View original language description ↓
La A.C. “LAS FAVORITAS” iniciará el séptimo ciclo en Pro Mujer, como parte del Centro Focal de Cascada, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Virginia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: corte de ladrillos, venta de estuco, venta de comida, venta de ropa, tienda de barrio, venta de sopa de fideo, venta de manstas, venta de chompas, macramé de mantas.

El crédito que sacaran beneficiara a pequeñas microempresarias con distintos rubros, donde la señora Virginia es parte integrante, ella indica que hace dos años 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 comida, cuenta que hace años tenía un negocio de venta de quesos posteriormente decide ingresar al negocio de la comida con la ayuda de una señora.

El crédito que ahora sacará es para el aumento de capital (compra de arroz y fideos por mayor) que adquirirá de las tiendas de la Ciudad de El Alto y posteriormente a la elaboración 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 casada y tiene cuatro hijos.

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

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
  • 230
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Favoritas Group's $2,500 loan helped a member to buy rice and noodles in bulk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013