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Nuestra Fe Esta En Dios Group
In this Group: Elena, Ximena Carla, Sonia Marisol, Rosalia , Jeanneth Claudia, Marlene
Nuestra Fe Está en Dios Communal Bank will begin its first loan cycle with Pro Mujer as part of the Senkata regional office. It's made up of six members governed by a board of directors of which Elena is the president. The various businesses of the communal bank members include a neighborhood store, candy sales, jacket sales, and food sales.

This loan will benefit small business entrepreneurs such as Elena. She says it's the first time she has been a member of Pro Mujer, having joined on the invitation of her friend who's a member of the institution.

Currently she has a neighborhood store business. She says she undertook this business on her own initiative. Currently it's closed because she didn't have a lot of merchandise.

The loan she's getting now is to increase her capital by buying soft drinks, canned goods, and groceries, which she'll get from wholesale vendors in the city of La Paz and then sell in her sales stall. This type of work allows her to generate resources to support her household as much as possible, because she's married and has two children.

When asked what she likes about Pro Mujer she says the health and loan training.
View original language description ↓
La A.C. “NUESTRA FE ESTA EN DIOS” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Senkata, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Elena es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tienda de barrio, venta de dulces, venta de chamarras, venta de comida.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Elena es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de su amiga que es socia de la institución. En la actualidad ella tiene un negocio de tienda de barrio; da a conocer que este negocio lo emprendió por iniciativa propia, en la actualidad la tiene cerrada, ya que no tenía mucha mercadería.

El crédito que ahora sacará es para el aumento de capital (compra de refrescos, enlatados, abarrotes) que adquirirá de las vendedoras mayoristas de la ciudad de La Paz y 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 le gusta las capacitaciones en salud y 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
  • 174
    View loans »
    Bolivia Loans Fundraising
  • $30,755,500
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuestra Fe Esta En Dios Group's $1,775 loan helped a member to buy soft drinks, canned goods, and groceries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2013
Listed
Apr 3, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013