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Machac Qhantati Group
In this Group: Nancy Virginia, Rogelia, Yobana, Julia Basilia, Matias , Erika Otilia, Luiz Muller, Luis Guillermo, Aida , David
The "Machac Qhantati" communal bank is entering its second cycle with Pro Mujer as part of the Copacabana regional hub. This group is made up of ten members and is run by a board of directors, of which Nancy is the president. The members' businesses are varied and include the production and sale of potatoes, the production and sale of vegetables, a neighborhood store, the production of potatoes and potato starch, and the sale of livestock.

This loan will benefit small business owners such as Nancy. She says that she joined Pro Mujer six months ago by the invitation of one of the institution's promoters, who visited her at home. Her business is a neighborhood store. She says that she started this business on her own initiative upon observing the needs of her neighbors.

This loan will allow her to increase her working capital by buying canned goods, noodles, sugar, etc., which she will acquire from markets in the city of El Alto. After making her products, she will sell them in her place of business. This type of work allows her to generate resources to maintain her household as much as possible, since she is married with three children.

When asked what she likes about Pro Mujer, she says that she likes that they take collections in her town.

In the photo, the group is accompanied by a woman wearing a white hat and purple pants.
View original language description ↓
La A.C. “MACHAC QHANTATI” iniciará el segundo ciclo en Pro Mujer, como parte del Centro Focal de Copacabana, está compuesta por diez integrantes y está dirigida por una mesa directiva donde la señora Nancy es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: producción y venta de papa, producción y venta de hortalizas, tienda de barrio, producción de papa y chuño, venta de ganado.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Nancy es integrante, ella indica que hace seis meses que integra Pro Mujer, ingresando por invitación de un promotor de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de tienda de barrio; da a conocer que este negocio lo emprendió por iniciativa propia, al observar la necesidad de sus vecinos.

El crédito que ahora sacará es para el aumento de capital (compra de enlatados, fideo, azúcar, 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 tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta que el cobro lo realicen en su pueblo.

Al grupo acompaña una señora que esta vestida con sombrero blanco y pantalos violeta.

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
  • 187
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Machac Qhantati Group's $4,400 loan helped a member to buy canned goods, noodles, sugar, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 15, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014