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Nueva Picaflor Group
In this Group: Josefina, Bony Yanet , Jeanette Rosmery, Adela , Valeria , Silvia Casilda, Concepción , Betty
The "Nueva Picaflor" loan group will be starting its first loan cycle with Kiva partner Pro Mujer through the office in Senkata. It consists of eight members and has a board of directors with Josefina as president. The businesses that the members carry out are varied, among which are: producing lye, selling cocoa, sewing hats and pants, selling potatoes, selling electrical materials, running a hardware store, running a neighborhood store, and sewing coats. The loans will benefit these small businesses, including Josefina's. This is her first time with Pro Mujer, and she joined after being invited by one of the institution's promoters who visited her home. She has a business running a neighborhood store, which she started after noticing a lack of stores in her area. She plans to use the loan to increase her capital to purchase rice, sardines, sugar and other supplies that she will acquire at the flea markets in La Paz and later sell at her post. In this way Josefina will generate income for her family since she is married with seven children. When asked what she likes about Pro Mujer, she said that she likes the friendliness of her fellow members in her community bank.
View original language description ↓
La A.C. “NUEVA PICAFLOR” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Senkata, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Josefina es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: elaboración de legía, venta de coca, costura de gorras y pantalones, venta de papa, venta de material electrónico, ferretería, tienda de barrio, costura de chamarras.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Josefina es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de la promotora 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 emprendió al ver la carencia de este negocio que existía en su zona.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, sardinas, azúcar, etc.) que adquirirá de las ferias de la ciudad de La Paz y posteriormente lo comercializará en su puesto fijo. Esta forma de trabajo le permite generar recursos pues ella es casada y tiene siete hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la amistad de las socias de su banca comunal.

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
  • 101
    View loans »
    Bolivia Loans Fundraising
  • $28,862,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Picaflor Group's $3,075 loan helped a member to purchase rice, sardines, sugar, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013