Unión Y Progreso 2 Group
This loan will help their small businesses, including Ximena’s, who has been working with Pro Mujer for eight years. She joined on the invitation of her sister in law who is a member. She has a leather wallet manufacture and sales business that her mother started and who sold leather goods. She later started her own sewing business.
She will use the money from this loan to increase her working capital (buy a sewing machine). She will buy it at a fair in El Alto and the begin manufacturing along the Bolivia-Peru border. This type of work will allow her to generate income to support her household. She is married and has three children.
When asked what she likes about Pro Mujer, she says that she likes the good treatment, meetings with her fellow members, and health care.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Ximena es integrante, ella indica que hace ocho años que integra Pro Mujer, ingresando por invitación de su cuñada que es socia de la institución. En la actualidad ella tiene un negocio de confección y venta de carteras de cuero; que inicia por iniciativa de su madre, que vendía folders de cuero; posteriormente ella inicia su propio espacio de costura.
El crédito que ahora sacará es para el aumento de capital (compra de máquina de coser) que adquirirá de las ferias de la ciudad de El Alto y posteriormente a la elaboración lo comercializará en la frontera de Bolivia y Perú. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene tres hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el buen trato, las reuniones con las compañeras y la atención en salud.
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.
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Success!! The loan was 100% repaid