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Villa Esther Group
In this Group: Constancia, Yolanda Carmen, Sonia , Elizabeth, Cristina, Fabiola Monica, Adela
The “VILLA ESTHER” communal bank is starting its first cycle with Pro Mujer as part of the Santiago II Regional Hub. The group has seven members and is governed by a board of directors; Constancia is the president. The members' businesses are varied and include: weaving blankets; making cushions; a convenience store; and food sales.
This loan will benefit micro entrepreneurs including Constancia. She has been part of Pro Mujer for a year and a half, and joined at the invitation of her sister-in-law, who is part of the institution. Constancia currently has a bakery, and tells us that she learned this business from her parents since it was the family business. She then decided to become independent and open her own establishment.
She will use this loan to increase her capital (to buy flour). She will acquire her flour in the markets in the city of El Alto, wholesale. After baking, she will sell her products in her store. This work allows her to generate an income to help out her household where possible. She is married and has four children.
When asked what she likes about Pro Mujer, she replied that she likes the health training and the savings.
View original language description ↓
La A.C. “VILLA ESTHER” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Santiago II, está compuesta por siete integrantes y está dirigida por una mesa directiva donde la señora Constancia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tejido de mantas de hilo, elaboración de colchones, tienda de barrio, venta de comida.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Constancia es integrante, ella indica que hace año y medio que integra Pro Mujer, ingresando por invitación de su cuñada que es parte de la institución. En la actualidad ella tiene un negocio de panadería; cuenta que este negocio lo aprendió de sus padres, ya que fue el negocio familiar, posteriormente decide independizarse y abrir su propio establecimiento.

El crédito que ahora sacará es para el aumento de capital (compra de harina) que adquirirá de los mercados de la Ciudad de El Alto por mayor y posteriormente a la elaboración 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 cuatro hijos.

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

  • $2,817
    Average annual income
  • 89
    View loans »
    Bolivia Loans Fundraising
  • $29,017,150
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Villa Esther Group's $2,050 loan helped a member to buy flour.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013