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Flor Del Valle I Group
In this Group: Dionicia, Claudia, Nicolasa, Patricia Betty, Marina, Natividad, Demetria Esperanza, Blanca Yovana, Margarita
The "Flor del Valle I" communal bank is entering its twenty-ninth cycle with Pro Mujer as part of the Los Andes regional hub. The group is made up of nine members and is run by a board of directors, of which Dionicia is the president. The members' businesses are varied and include food sales, a grocery store, hat sales, sewing sweatshirts, carpentry, a shoe shop, soft drinks sales, and coffee sales.

This loan will benefit small business owners such as Dionicia, who says that she joined Pro Mujer twenty years ago by the invitation of a friend who is a partner of the institution. She currently has a business selling food. She says that she started this business with her first loan from Pro Mujer and that with plenty of effort, she has earned a profit.

She will use this loan to increase her working capital by buying rice, oil, and noodles from wholesale distributors. After making the food, she will sell it from her business space. This type of work allows her to generate an income to maintain her home as much as possible, since she is married with three children.

When asked what she likes about Pro Mujer, she says that she likes the loans, the workshops, the health initiatives, and the savings.
View original language description ↓
La A.C. “FLOR DEL VALLE I” iniciará el vigésimo noveno ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Dionicia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de comida, tienda de abarrotes, venta de sombreros, costura de busos, carpintería, zapatería, venta de frescos, venta de café.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Dionicia es integrante, ella indica que hace veinte 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 venta de comida; da a conocer que este negocio lo emprendió con el primer préstamo que se hizo de Pro Mujer y con mucho esfuerzo, lo que en la actualidad le dio ganancias.

El crédito que ahora sacará es para el aumento de capital (compra de arroz, aceite, fideo) que adquirirá de las distribuidoras 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 es casada y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito, las capacitaciones, el área de salud y los ahorros

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
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,671,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor Del Valle I Group's $4,500 loan helped a member to buy rice, oil, and noodles.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 6, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 18, 2013