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Grupo 308 Group
In this Group: Silvia, Juana, Silvina Rocio, Catalina , Elsa , Nicasia, Isabel
The Communal Bank “Grupo 308” is starting its first loan cycle with Pro Mujer as part of the Juan Pablo Community Center. This group consists of seven members and is led a Board of Directors headed by Sra. Silvia as its president. The members of the Communal Bank engage in various businesses such as selling potatoes, weaving blankets, sewing and selling traditional skirts, making braided blankets, and managing a neighborhood store.


This loan will benefit small businesswomen such as Sra. Silvia. She said that she joined Pro Mujer five years ago after receiving an invitation from a friend who is also a member of the organization. Silvia currently manages a business that involves selling potatoes. She started this business several years ago with a small amount of capital. It is improving at the moment.


The loan she is receiving now will be used to increase her capital for buying potatoes. She acquires her inventory at the provincial fairs in the city of La Paz and then sells her products at one of the other fairs in the city of La Paz. Working in this manner enables her to generate income so that she can sustain her household. Silvia is married and has five children.


When asked what she likes about Pro Mujer, Silvia said that she enjoys the loans.

View original language description ↓
La A.C. “GRUPO 308” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Juan Pablo, está compuesta por siete integrantes y está dirigida por una mesa directiva donde la señora Silvia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de papa, tejido de mantas, costura y venta de polleras, trenzado de mantas, tienda de barrio.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Silvia es integrante, ella indica que hace cinco años que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de papa; mismo que decide emprender hace varios años comenzando con un pequeño capital, que en la actualidad ha ido mejorando.

El crédito que ahora sacará es para el aumento de capital (compra de papa) que adquirirá de las ferias provinciales de la ciudad de La Paz y posteriormente lo comercializará en las ferias de una de la ciudad de La Paz. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene cinco 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

  • $2,817
    Average annual income
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo 308 Group's $2,050 loan helped a member to buy potatoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 7, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013