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Flor De Peñas Group
In this Group: Veneranda, Santusa, Sabina, Edwin, Veronica, Eusebio, Rita , Mery
The community association "Flor de Peñas" will begin its second loan cycle with Pro Mujer, as part of the "Focal Center" of Achacachi. Its eight members are organized under a governing board, where Veneranda is the president. The businesses that the members of the community association manage are diverse, but include: blanket weavers, drivers, cheese mongers, and clothing makers.

The loan received will benefit these small micro-entrepreneurs in distinct ways. Veneranda, who is an integral part, indicates that she joined Pro Mujer six months ago, upon the invitation of a promoter from the institution who visited Veneranda in her home. At present, Veneranda has a business selling cheeses, potatoes, and flour, a business she inherited from her parents who have always worked selling these items.

The loan which they have applied for will be used to purchase a cow, which they will acquire wholesale from one of the surrounding communities. Later, once it has grown, it will be sold in the city of El Alto. This business allows Veneranda to generate income to be able to help with expenses around the house, as she is married and has two children.

When asked what she likes about Pro Mujer, Veneranda answers that she likes the savings.
View original language description ↓
La A.C. “FLOR DE PEÑAS” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Achacachi, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Veneranda es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tejedoras de mantas, chofer, venta de queso, confección de ropa.

El crédito que sacaran beneficiara a pequeñas microempresarias con distintos rubros, donde la señora Veneranda es parte integrante, ella indica que hace seis meses que integra Pro Mujer, ingresando por invitación de promotora de la institución que fue a visitarla a su casa. En la actualidad ella tiene un negocio de venta de queso, papa y chuño (papa ceca) da a conocer que este negocio lo heredó de sus papás ya que siempre trabajaron en estos negocios.

El crédito que ahora sacará es para el aumento de capital (compra de vaca) que adquirirá de las comunidades aledañas, por mayor, y posteriormente a la crianza lo comercializará a pedido en la Ciudad de El Alto. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su hogar pues ella es casada y tiene dos hijos.

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

  • $5,500
    Average annual income
  • 186
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Peñas Group's $2,350 loan helped a member to purchase a cow.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2012
Listed
Jan 6, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013