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Genova's Group
In this Group: Genova , Dolores , Lourdes, Cristina , Melissa Ruth, Leydy Angela, Adelia Zenobia , Arminda
The communal bank “Poder de Dios” is starting its fifth loan cycle with Pro Mujer, working with the Senkata regional office. The group is made up of eight members and is run by a board of directors with Genova as the president. The members engage in different business activities including broasted chicken sales, dressmaking, clothing sales, shawl weaving, sweater knitting and meat sales.

The loan they are requesting will benefit micro businesses like Genova’s. She says that she has been a part of Pro Mujer for three loan cycles. She was invited to join by her daughter, who is a member of the organization. She currently runs a business selling fruit, a business she started all on her own.

She will use the loan to increase her capital by purchasing fruit from wholesale vendors in La Paz and then selling it at her fruit stand. This work allows her to generate enough income to maintain her household as she is married and has three children.

When asked what she likes about Pro Mujer, she responds that she likes the health and credit training classes.
View original language description ↓
La A.C. “PODER DE DIOS” iniciará el quinto ciclo en Pro Mujer, como parte del Centro Focal de Senkata, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Genova es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de pollos a la brosther, costura de prendas de vestir, venta de ropa, tejido de mantas, tejido de chompas, venta de carne.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Genova es integrante, ella indica que hace tres ciclos que integra Pro Mujer, ingresando por invitación de su hija que es socia de la institución. En la actualidad ella tiene un negocio de venta de frutas; da a conocer que este negocio lo emprendió por iniciativa propia.

El crédito que ahora sacará es para el aumento de capital (compra de fruta) que adquirirá de las vendedoras mayoristas de la ciudad de La Paz, posteriormente lo comercializará en su puesto 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 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

  • $5,500
    Average annual income
  • 198
    View loans »
    Bolivia Loans Fundraising
  • $31,040,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Genova's Group's $3,375 loan helped a member purchase fruit.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 18, 2013