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Sol Brillante Group
In this Group: Elvira, Rufina, Yobana, Jimena, Melani Rossy, Silvia Ruth, Lizeth Paola, Tania
The Sol Brillante community bank will start their 7th loan cycle with Pro Mujer as part of the Senkata regional center. The group is made up of eight members and directed by a board, of which Elvira is the president. The members work at a variety of businesses, including: fruit and jam sales, blanket weaving, dehydrated potato sales, food sales, cosmetic sales, and knitting sweaters.

The loan they are taking will benefit their small businesses, including Elvira's. Elvira joined Pro Mujer five months ago at the invitation of her daughter, who is also a member of the institution. She has a business selling tunta and chuño, which are dehydrated potatoes. She learned this business on her own many years ago. She has some capital now but wants to increase it even more.

The loan they are requesting now is to increase working capital by purchasing dehydrated potatoes. She will acquire them in nearby communities and later sell them at the markets in the city of El Alto. This type of work allows her to generate income to maintain her household. She is married and has seven children.

When asked what she likes about Pro Mujer, she said she likes the savings.
View original language description ↓
La A.C. “SOL BRILLANTE” iniciará el séptimo 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 Elvira es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de fruta y conservas, tejido de mantas, venta de tunta y chuño (ambos papa deshidratada), venta de comida, venta de cosméticos, tejido de chompas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Elvira es integrante, ella indica que hace cinco meses que integra Pro Mujer, ingresando por la invitación de su hija que es socia de la institución. En la actualidad ella tiene un negocio de venta de tunta y chuño (papa deshidratada); da a conocer que este negocio lo emprendió por iniciativa propia hace varios años atrás, con un poco capital que en la actualidad quiere incrementar aún más.

El crédito que ahora sacará es para el aumento de capital (compra de tunta y chuño) que adquirirá de las comunidades aledañas a su pueblo y posteriormente lo comercializará en las ferias de la Ciudad de El Alto. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene siete hijos.

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

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
  • 212
    View loans »
    Bolivia Loans Fundraising
  • $31,480,250
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol Brillante Group's $3,375 loan helped a member to purchase varieties of dehydrated potatoes.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
May 5, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014