Villa Cumaravi Group
The loan that they are taking will benefit this group of small business-people, of which Petrona is a member. She states that she's been a member of Pro Mujer for 8 years. She joined at the invitation of a friend who is also a member. At this time, Petrona has a handicraft business where she makes blankets and mantillas. She started up this business on her own initiative, having learned to make these items from her parents when she was a child.
The loan that she is taking now will be used to increase her working capital (to buy alpaca wool from the traditional markets in the city of El Alto) so that she can later sell the finished goods in her retail space. This work will enable her to generate resources to support her household as best she can, because she is single and has a child.
When asked what she likes about Pro Mujer, she answered that she likes the savings accounts, the services, and the loans.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Petrona es integrante, ella indica que hace ocho años que integra Pro Mujer, ingresando por la invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de artesanía en tejido de mantas y mantillas; da a conocer que este negocio lo emprendió por iniciativa propia, aprendiendo esta técnica de sus padres desde su infancia.
El crédito que ahora sacará es para el aumento de capital (compra de lana de alpaca) que adquirirá de las ferias tradicionales de la Ciudad de El Alto 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 es soltera y tiene un hijo.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro, los servicios y el crédito.
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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