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Suma Khamaña Group
In this Group: Susana, Isidora, Florencia, Narcisa , Nora, Josefina, Patricia, Guillermina , Justina
Suma Khamaña Communal Bank will start its first cycle with Pro Mujer as part of the Patacamaya regional office. It's made up of nine members and governed by a board of directors of which Susana is the president. The various businesses of the communal bank members include camelid sales, potato production, "apí" sales [non-alcoholic corn beverage], neighborhood store, and soft drink sales.

Their loan will benefit small business entrepreneurs such as Susana. She says it's the first time she has belonged to Pro Mujer, having joined on the invitation of a loan officer from the institution who visited her at her house. Currently she has a neighborhood store business, which she says she started when she saw the need of people in her community.

This loan is to increase her capital by buying rice, oil, and noodles, which she'll get from wholesale vendors in the city of La Paz and later sell in her own house. This type of work allows her to generate income to support her household as much as possible, because she lives in a common-law relationship and has three children.

When asked what she likes about Pro Mujer, she responds that she likes the loan.
View original language description ↓
La A.C. “SUMA KHAMAÑA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Patacamaya, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Susana es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de camélidos, producción de papa, venta de api, tienda de barrio, venta de refrescos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Susana es integrante, ella indica que es la primera vez 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 implemento al ver la necesidad de las personas de la comunidad.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, aceites y fideos) que adquirirá de las vendedoras mayoristas de la ciudad de La Paz y posteriormente lo comercializará en su propio domicilio. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella vive en unión libre y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el 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
  • 224
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Suma Khamaña Group's $2,075 loan helped a member to buy rice, oil, and noodles.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013