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Primas De Huayna Potosi Group
In this Group: Irene , Viviana, Benita Emiliana, Ines , Brigida, Victoria Veronica
The Primas de Huayna Potosi community bank will start their first loan cycle with Pro Mujer as part of the Panamericana regional office. The group has six members and is headed by a board where Irene is the president. The members of the group do different types of work: making mattresses, selling baskets, purchase and sales of livestock, sale of braids, and sale of coffee and apí [non-alcoholic maize drink].

The loan they are requesting will benefit small businesses like Irene's. She says that she has been a member of Pro Mujer for a year and joined by invitation of a friend who is a member of the institution. Currently she has a craft business making baskets. She learned this business from her parents 47 years ago and continues to do it as her work.

Irene will use the loan they are requesting to purchase plants to braid baskets. She will purchase the plants in communities close to Lake Titicaca and later make the baskets to sell at her permanent sales location. This type of work allows her to earn enough income to support her household. She is married and has five children.

Irene says that the thing she likes best about Pro Mujer is the savings.
View original language description ↓
La A.C. “PRIMAS DE HUAYNA POTOSI” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Irene es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: producción de colchones, venta de canastas, compra y venta de ganado, venta de trenzas, venta de café y api.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Irene es integrante, ella indica que hace un año que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de artesanía (elaboración de canastas); da a conocer que este negocio lo aprendió de sus padres hace 47 años y en la actualidad lo sigue realizando como fuente de trabajo.

El crédito que ahora sacará es para el aumento de capital (compra de plantas para el trenzado) que adquirirá de las comunidades cercanas al Lago Titicaca y posteriormente a la elaboración lo comercializará en su puesto fijo. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene cinco hijos.

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

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
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,670,850
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Primas De Huayna Potosi Group's $1,175 loan helped a member to purchase plants to braid baskets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013