Check out some available loans that are similar to this one!
Flor De Amapolas Group
In this Group: Paulina, Simona, Graciela, Angélica, Wilma, Elvira, Patricia Paulina, Brigida
The FLOR DE AMAPOLAS communal bank will begin its 14th cycle with Pro Mujer, as part of the Cascada center. It’s made up of eight ladies and directed by a board of directors where Angelica serves as the secretary. The members have various businesses, such as clothing sales, mattress sales, bed sales, api (non-alcoholic maize drink) sales, candy and fruit sales, vegetable sales, and neighborhood stores.

This loan will help their small businesses, of which Angelica is a part. She has been with Pro Mujer for 15 years, having joined on the invitation of a friend who was part of the institution. [Angelica] has a bread business and learned this from her mother, who use to sell this product and [Angelica] later decided to do this as well.

This loan is so that she can buy flour in bulk from the companies in El Alto. She will later make bread and sell it in her stall. This work will allow her to generate income in order to maintain what she needs in her home, as she is in a common law marriage and has two children.

When asked what she likes about Pro Mujer, she says that she likes the health care. One of the member’s daughters is shown in the photograph. [Angelica] is wearing a black sweater and red pants.
View original language description ↓
La A.C. “FLOR DE AMAPOLAS” iniciará el décimo cuarto ciclo en Pro Mujer, como parte del Centro Focal de Cascada, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Angélica es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de ropa, venta de colchones, venta de camas, venta de api, venta de dulces y frutas, venta de verduras, tienda de barrio.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Angélica es integrante, ella indica que hace quince años que integra Pro Mujer, ingresando por invitación de su amiga que es parte de la institución. En la actualidad ella tiene un negocio de venta de pan; cuenta que este negocio lo aprendió de su madre, quien anteriormente vendía este producto y posteriormente decide emprenderlo ella.

El crédito que ahora sacará es para el aumento de capital (compra de harina) que adquirirá de las empresas de la Ciudad de El Alto por mayor y posteriormente a la elaboración lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella vive en unión libre y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud.

En la fotografía se encuentra acompañando al grupo la hija de una socia, ella esta vestida de chompa negra y pantalos rojo.

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
  • 234
    View loans »
    Bolivia Loans Fundraising
  • $31,576,425
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Amapolas Group's $6,000 loan helped a member to buy flour.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2013
Listed
May 5, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013