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Cooperativa Group
In this Group: Manuela, Aurora, Ceferina, Elena Joaquina , Flora, Andrea , Jacinta , Martina
The communal bank "COOPERATIVA" will begin its seventh Pro Mujer loan cycle, through the Panamerican Social Center. The group is comprised of eight members with a management board is led by Manuela, the president. The members are involved in different businesses such as sales of fruit, jewelry, sport clothes, and rope, and coat making, blanket weaving and running a grocery store.

The loan requested will benefit the group of small business owners that Manuela belongs to. She says she has been a member of Pro Mujer for three and half years and joined through invitation from an insititutional promoter that visited her at home. She now runs a neighborhood grocery store that she began with her first loan through Pro Mujer. Business is doing very well.

The loan requested now is to increase capital to buy cereals, oils and canned goods from the distributors in the city of La Paz. Then she will sell the products at her store. This will allow her to generate enough income to support her household, since she is a widow with three children.

When asked what she likes about Pro Mujer, she says it is the health area.
View original language description ↓
La A.C. “COOPERATIVA” iniciará el séptimo ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Manuela es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: comercio de frutas, venta de cordones y pitas, venta de ropa deportiva, costura de chamarras, trenzado de mantas, venta de sogas, artesanía, tienda de barrio.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Manuela es integrante, ella indica que hace tres años y medio 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 barrio; 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 cereales, aceites, conservas) que adquirirá de las tiendas 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 viuda y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud.

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
  • 92
    View loans »
    Bolivia Loans Fundraising
  • $28,138,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Cooperativa Group's $3,400 loan helped a member to buy cereals, oils and canned goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013