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Los Angeles 16 De Febrero Group
In this Group: Monica , Sonia Yolanda, Olivia, Viviana, Rosmery, Veronica, Carmen Geovana , Elizabeth , Vanesa Marilyn, Sonia
The community bank "Los Angeles de 16 de Febrero" is starting its third loan cycle with Pro Mujer through its regional office Panamericana. The group is comprised of eight members and is overseen by a board of directors, whose president is Mónica. The members are involved in various businesses, including the knitting of sweaters; the sewing of clothing for sports; the sale of meat, groceries, wool and baby sweaters; and a babysitting business.

The loan they are seeking will benefit these small businesses, one of which is Monica's. She reports that two years ago she joined Pro Mujer at the invitation of an outreach worker who visited her home. Currently she has a business selling meat. She started this business with the help of the first loan that she took from Pro Mujer, and things are now going very well.

She will use her portion of this loan to purchase sausage that she will acquire from distributors in the city of La Paz and then sell from her stall. This form of work enables her to support her household in the best way that she can. She is married and has two children.

When asked what she likes about Pro Mujer, she responded that she likes the trainings they provide and the opportunity to share with her fellow members.
View original language description ↓
La A.C. “LOS ANGELES DE 16 DE FEBRERO” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por diez integrantes y está dirigida por una mesa directiva donde la señora Mónica es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de chompas de bebe, niñera, tienda de barrio, venta de lana, tejido de chompas, costura de deportivos, carnicería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Mónica es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por invitación de un promotor de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de tienda de venta de carne; da a conocer que este negocio lo implementó con el primer préstamo que hizo en Pro Mujer y en la actualidad de va muy bien.

El crédito que ahora sacará es para el aumento de capital (compra de embutidos) que adquirirá de las distribuidoras de la ciudad de La Paz y posteriormente 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 dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones y el compartir con las compañeras.

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
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,798,825
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Angeles 16 De Febrero Group's $4,100 loan helped a member to buy traditional sausage for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 18, 2013