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Virgen Del Socabon Group
In this Group: Fermina , Olga , Teresa, Felicidad, Lidia*, Prescila, Helga Jimena
* not pictured
The "Virgen del Socabon" communal bank will begin its third cycle in Pro Mujer as part of the Villa Tejada regional office. It is made up of seven members and is directed by a board of directors, of which Fermina is the president. The businesses that the members of the communal bank run are varied, and include food sales, vegetable sales, machine weaving, and selling "silpancho" [a traditional Bolivian meal of beef, rice, and potatoes].

The loan that they will take out will benefit small-business owners like Fermina. She says that she became part of Por Mujer five years ago, joining on the invitation of a friend who is a member of the institution. Currently, she has a business selling "lejia," a sweet substance chewed along with coca leaves. She says that she started this business several years ago at the suggestion of her aunt, who was making this product. Later, she decided to open her own sales stall.

The loan that she will now take out will increase her capital for buying flour, sugar, and ash, which she will acquire in the street fairs of the city of El Alto; after making the product, she will sell it in her sales stall. This kind of work allows her to generate resources for maintaining her home as well as possible, as she is married and has two children.

When asked what she likes about Pro Mujer, she responds that she likes the training and sharing with her fellow members.

Lidia is not pictured in the photograph, as she had a doctor's appointment.
View original language description ↓
La A.C. “VIRGEN DEL SOCABON” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Villa Tejada, está compuesta por siete integrantes y está dirigida por una mesa directiva donde la señora Fermina es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de comida, comercio de verduras, tejido a máquina, venta de silpancho.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Fermina es integrante, ella indica que hace cinco años que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de lejía (dulce para el mascado de coca); cuenta que este negocio lo emprendió hace varios años, por iniciativa de su tía que realizaba estos productos, posteriormente decide aperturar su propio espacio de venta.

El crédito que ahora sacará es para el aumento de capital (compra de harina, azúcar y ceniza) que adquirirá de las ferias de la ciudad de El Alto y posteriormente a la elaboración lo comercializara 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 dos hijos.

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

En la fotografía no esta presente la señora Lidia, ya que se encontraba en consulta médica

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
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $28,670,900
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Socabon Group's $2,050 loan helped a member to buy flour, sugar, and ash.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013