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Collanas De Uyuni Group
In this Group: Vicenta , Jimena , Sonia , Angelica , Karen Lizeth , Justina
The "Collanas de Uyuni" communal bank is beginning its first cycle with Pro Mujer as part of the Los Andes regional hub. The group is made up of six members and is run by a board of directors, of which Vicenta is the president. The members' business activities are varied and include making sweaters and vests, selling woven fabric, selling auto parts, making baby clothing, and selling fish.

This loan will benefit small business owners such as Vicenta. She says that she joined Pro Mujer two years ago by the invitation of one of the institution's promoters, who visited her at home. She currently has a business selling auto parts. She says that she started this business because her husband works in a mechanic's workshop and she decided to buy the spare parts for this business.

She will use this loan to invest in working capital by buying wholesale auto parts in the city of Oruro. She will later sell them in her place of business. This type of work allows her to generate an income to maintain her home as much as possible, as she is married with three children.

When asked what she likes about Pro Mujer, she says that she likes the loans, the workshops, and the savings.
View original language description ↓
La A.C. “COLLANAS DE UYUNI” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Vicenta es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: elaboración de chompas y chalecos, venta de tejidos, venta de autopartes, elaboración de ropa de bebe, venta de pescado.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Vicenta es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por la invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de venta de autopartes; da a conocer que este negocio lo emprendió porque su esposo trabaja en un taller mecánico y ella decide comprar los repuestos para este negocio.

El crédito que ahora sacará es para el aumento de capital (compra de autoparte) que adquirirá de la Ciudad de Oruro por mayor y posteriormente 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 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
  • 107
    View loans »
    Bolivia Loans Fundraising
  • $30,295,750
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Collanas De Uyuni Group's $1,625 loan helped a member to buy auto parts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2013
Listed
May 6, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013