6 De Junio Group
This loan will benefit microentrepreneurs in Olimpia's group. Olimpia tells us that she joined Pro Mujer five years ago, following an invitation from a friend who is a member of the bank. Olimpia currently has a business selling food. She says she learned to cook from her mother and later decided to turn this skill into her own business.
Olimpia will use this loan to increase her capital (buying rice, pastas, oil and more), which she will buy in the markets of El Alto city, and then later she will sell her products from her stall. This type of work allows Olimpia to generate an income to pay for household costs. Olimpia is married and has two children.
When asked what she likes about Pro Mujer, Olimpia responds that she likes how responsible they are.
El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Olimpia es integrante, ella indica que hace cinco ciclos 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 aprendió de su madre y posteriormente decide emprenderle independientemente.
El crédito que ahora sacará es para el aumento de capital (compra de arroz, fideo, aceite, etc.) que adquirirá de las ferias 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 casada y tiene dos hijos.
Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta que son responsables.
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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Success!! The loan was 100% repaid