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Fronterizas Group
In this Group: Carolina , Tolentina, Sara , Claudia, Trinidad Julia , Yola
The Fronterizas community bank will start their first loan cycle with Pro Mujer as part of the Senkata regional community center. The group has six members and is led by a board where Carolina is the president. The businesses the members have are varied, including: towel sales, a restaurant, knitted and braided blankets, sock sales, food sales, and sale of various items.

This loan will benefit small businesswomen like Carolina. She said that she has been a member of Pro Mujer for five years. She joined this group by invitation of her friends who were members of the institution. She has a business selling food (making set meals each day). She started the business five years ago with the support of her parents.

Carolina will use this loan to purchase tables and chairs. She will purchase them at the market in the city of El Alto and later will put them in her sales area. This type of work will allow her to generate income to support her family, since she is single and has two children. When asked what she likes about Pro Mujer, she said she likes the meetings and being able to save.
View original language description ↓
La A.C. “FRONTERIZAS” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Senkata, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Carolina es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de toallas, restaurante de comida, hilado y trenzado de mantas, venta de calcetines, venta de comida, venta de artículos varios.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Carolina es integrante, ella indica que hace cinco años que integra Pro Mujer, ingresando por invitación de las compañeras de su grupo que son socias de la institución. En la actualidad ella tiene un negocio de venta de comida (pensión); cuenta que este negocio lo emprendió de hace cinco años con el apoyo de sus padres.

El crédito que ahora sacará es para el aumento de capital (compra de mesas, sillas) que adquirirá de las ferias de la ciudad de El Alto y posteriormente lo instalará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener a su familia, ya que ella es soltera y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las reuniones y 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
  • 177
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Fronterizas Group's $1,775 loan helped a member to purchase tables and chairs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 2, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013