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27 De Mayo Group
In this Group: Susana, Aorelia, Fortunata, Maruja, Nelly Yohana, Justa, Adelia, Adela
Communal group '27 de mayo' (the name means '27th of May') is starting its fifth cycle with field partner Pro Mujer, in the framework of the focus centre of Copacabana. It has eight members and an executive board, with Susana as president. The members of the group are engaged in various activities, among them cattle trading, baby-clothes sewing, api (a popular drink made with sweetcorn and sugar, usually drunk while eating dumplings) sales, catering, and lamb-meat sales. This loan will thus benefit a group of very small entrepreneurs with diverse businesses. Susana tells us that she has been working with Pro Mujer for two years. She got to know this field partner thanks to a spokesperson, who came to visit her at her house. Susana sells api, a trade she learned from her family, who has been in it for thirty years. She decided to start selling the drink on her own. She needs this loan in order to increase her working capital and buy api and cooking oil. She will buy these from wholesale sellers in La Paz and then sell the product in her neighbourhood.The income Susana derives from her business enables her to help with household expenses, since she is married and has four children. When asked what she likes about working with Pro Mujer, she talks about the training received on topics such as health and credit options.
View original language description ↓
La A.C. “27 DE MAYO iniciará el quinto ciclo en Pro Mujer, como parte del Centro Focal de Copacabana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Susana es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: compra y venta de ganado, costura de ropa de bebe, venta de api, venta de comida, venta de carne de cordero.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Susana es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por invitación de un asesor de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de venta api; da a conocer que este negocio lo aprendió de su familia, ya que la misma realizan esta actividad desde hace treinta años, posteriormente decide abrir su propio espacio de comercialización.

El crédito que ahora sacará es para el aumento de capital (compra de aceite y api) que adquirirá de las vendedoras mayoristas de la ciudad de La Paz y posteriormente a la elaboración lo comercializará en su comunidad. 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 le gusta las capacitaciones en 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
  • 75
    View loans »
    Bolivia Loans Fundraising
  • $28,071,875
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 27 De Mayo Group's $3,300 loan helped a member to buy cooking oil and api (a traditional drink).
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013