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Flor De Canela 2 Group
In this Group: Marciala, Pablo, Peregrina, Maria, Emiliana , Hilda Adela, Maribel, Leocadia, Delia, Lucia, Elsa , Lidia Agripina
The communal bank “Flor de Canela” will begin its first cycle in Pro Mujer as part of the Senkata Regional Office. It is made up of twelve members and is directed by a board of directors of which Marciala is the president. The businesses that the members of the communal association pursue are varied. Included among them are: a neighborhood store, and various sales in sweets, coats, food, potatoes, and rice.

The loan that they will take out will benefit the small micro-businesses of which Marciala is a member. She indicates that this is the first time that she has joined Pro Mujer, joining through the invitation of a Central Manager of the institution. Currently, she has a food-sales business. She states that she launched this business from a previous job where she provided support in the kitchen. Subsequently, with greater experience and with the resources she decided to start her own business in the food industry.

The loan that she will now take out is for the increase of capital (to purchase a Broaster roasting machine) that she will acquire from the wholesale merchants in the city of La Paz and subsequently install it in her workspace. This type of work permits her to generate an income to maintain her home in all possible ways; she is married and has eight children.

When consulted about what she likes about Pro Mujer, she responds that she likes the health and loan trainings.
View original language description ↓
La A.C. “FLOR DE CANELA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Senkata, está compuesta por doce integrantes y está dirigida por una mesa directiva donde la señora Marciala 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, venta de papa, venta de arroz.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Marciala es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de una Jefa de Centro de la institución. En la actualidad ella tiene un negocio de venta de comida; da a conocer que este negocio lo emprendió de un trabajo anterior, donde apoyaba en la cocina, posteriormente con mayor experiencia y con los recursos decide emprender su propio negocio en el rubro de la comida.

El crédito que ahora sacará es para el aumento de capital (compra de máquina broster) que adquirirá de las vendedoras mayoristas de la ciudad de La Paz y posteriormente lo instalará en su espacio de trabajo. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene ocho 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
  • 231
    View loans »
    Bolivia Loans Fundraising
  • $31,577,900
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Canela 2 Group's $5,275 loan helped a member to buy a Broaster roasting machine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
Apr 4, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013