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Amapolas Group
In this Group: Emma Hilaria, Juana Ruperta, Benita , Celia , Lucia Justa, Beatriza
The communal bank "Amapolas" [Poppies] will start its first cycle with Pro Mujer, as part of the Villa Tejada regional hub. It is comprised of six members and is managed by a board of directors, of which Hilaria is the president.

The businesses that the members of the communal bank have are varied and include: selling potatoes, chuño [artisanal freeze-dried potato], and freeze-dried potatoes; coffee production; sewing and sale of skirts; knitting and sale of sweaters; start-up businesses.

The loan that they will take out will benefit small micro-businesswomen, of whom Hilaria is one. She says that she joined Pro Mujer seven years ago, at the invitation of a friend who is a member of the institution. She currently has a business selling potatoes, chuño, and freeze-dried potatoes (the former two are dehydrated potatoes) and knitting sweaters. She recounts that she learned these businesses when she used to sell with her grandmother, many years ago.

The loan that she will take out now is to increase capital (purchase of potato, chuño, and freeze-dried potatoes) that she will acquire wholesale from the markets in the city of El Alto, and later sell in her stall. This form of work allows her to generate resources to maintain her home as much as possible, as she is married and has three children.

When she is asked what she likes about Pro Mujer, she responds that she likes the training in the area of health and credit.
View original language description ↓
La A.C. “AMAPOLAS” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Villa Tejada, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Hilaria es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de papa, tunta y chuño, producción de café, venta y costura de polleras, tejido y venta de chompas, inicio de negocio.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Hilaria es integrante, ella indica que hace siete años que integra Pro Mujer, ingresando por invitación de su amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta papa,, chuño y tunta (ambas anteriores son papa deshidratada) y tejido de chompas; cuenta que estos negocios los aprendió cuando vendía con su abuela, hace varios años.

El crédito que ahora sacará es para el aumento de capital (compra de papa, chuño y tunta) que adquirirá de los mercados de la Ciudad de El Alto por mayor y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones del área de salud y crédito.

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
  • 109
    View loans »
    Bolivia Loans Fundraising
  • $29,146,750
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amapolas Group's $1,325 loan helped a member to buy potatoes, chuño [artisanal freeze-dried potato], and freeze-dried potatoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2013
Listed
Jan 23, 2013
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013