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Corazones De Oro Group
In this Group: Juana, Martha Rosa, Mariela, Miguel Ismael*, Eliodora, Isabela , Ines, Margarita
* not pictured
The 'Corazón de Oro' community bank is beginning its first loan cycle with Pro Mujer, as part of the Copacabana regional office. The group has eight members and is run by a board of directors which has Juana as its president. The businesses that the members of the group are engaged in are varied and include: selling cheese, selling suckling pig, selling vegetables, selling milk and running a neighborhood store.

The loan that they are taking out will benefit these small businesswomen. Juana says that this is her first time with Pro Mujer, which she joined through an invitation from one of the institution's field officers who visited her at home. Juana currently has a business making and selling cheese. She says that she learned this business years ago from her mother and decided to work selling these products as it is profitable.

Juana will use this loan to buy a dairy cow. She will buy the cow in one of the markets in a neighboring community. After she has made her cheese, she will sell it in different markets in the city of La Paz. This work allows her to make income with which to support her household. Juana lives with her partner and has five children.

When asked what she likes about Pro Mujer, Juana replied that she likes the training sessions that focus on loan management and health.
View original language description ↓
La A.C. “CORAZON DE ORO” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Copacabana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Juana es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de queso, lechonería, venta de verduras, venta de leche, tienda de barrio.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Juana es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de un asesor de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de producción y venta de queso; da a conocer que este negocio lo aprendió hace años de su madre, posteriormente decide trabajar con la venta de este producto ya que es rentable.

El crédito que ahora sacará es para el mejoramiento de sus herramientas (compra vaca lechera) que adquirirá de las ferias las comunidades aledañas y posteriormente a la elaboración lo comercializará en diversas ferias de la ciudad de La Paz. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella vive en unión libre y tiene cinco hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en crédito y 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

  • $5,500
    Average annual income
  • 179
    View loans »
    Bolivia Loans Fundraising
  • $30,790,450
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazones De Oro Group's $1,550 loan helped a member to buy a dairy cow.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 6, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013