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Flor De Rosas Group
In this Group: Teodora, Maria, Marina Lucy, Balbina , Rosilia, Mayumi Soledad, Francisca , Cristina
The “FLOR DE ROSAS” communal bank will begin its fourth cycle in Pro Mujer as a part of the Los Andes center. It is made up of eight members and led by a board of directors of which Teodora is the president. The businesses that the members of the communal bank have are varied. Among them are selling potatoes, selling food, selling sweaters, selling fruit, selling ribbons and weaving blankets.

The loan they will take out will benefit the micro-businesswomen, among them Teodora. She says that she joined Pro Mujer six years ago. joining at the invitation of a consultant from the institute who went to visit her at her home. Right now, she has a business knitting sweaters. She says that she started this business eight years ago, after deciding to buy a knitting machine and setting it up at her house.

The loan she is taking out now is to increase capital by buying wool and a double machine, which she will acquire from wholesalers in the city of La Paz. She will use it to produce and sell to order. This type of work allows her to support her home as much as possible, because she is married and has four children.

When asked what she likes about Pro Mujer, she answers that she likes the health area.
View original language description ↓
La A.C. “FLOR DE ROSAS” iniciará el cuarto ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Teodora es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de papas, venta de comida, venta de chompas, venta de fruta, venta de lazados, trenzado de mantas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Teodora es integrante, ella indica que hace seis años que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de tejido de chompas; cuenta que este negocio lo emprendió hace ocho años, aprendiendo el oficio de su cuñada, posteriormente decide comprar una máquina de tejer e instaló su propio taller.

El crédito que ahora sacará es para el aumento de capital (compra de lana y máquina doble) que adquirirá de las tiendas mayoristas de la ciudad de La Paz y posteriormente a la elaboración lo comercializara a pedido. 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 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
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Rosas Group's $4,400 loan helped a member to buy wool and a double machine.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 18, 2013