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Hormiguitas Obreras Group
In this Group: Lourdes , Justina, Sonia Beatriz, Claudina , Abigail Josefina, Trinidad, Nancy Rosario , Margarita
The "Hormiguitas Obreras" communal bank is entering its first cycle with Pro Mujer as part of the Collpani regional hub. This group is made up of eight members and is run by a board of directors, of which Lourdes is the president. The members' businesses are varied and include the sale of beds, cosmetics, pants, clothing, footwear, sneakers, pots, and CDs.

This loan will benefit small business owners such as Lourdes. She says that this is the first time she has worked with Pro Mujer, which she joined by the invitation of a consultant who visited her at home. She currently has a business selling footwear, which she started years ago after observing the progress her friends had made.

This loan will allow her to increase her working capital by buying footwear from wholesale distributors in the city of El Alto. She will later sell the footwear from her place of business. This type of work allows her to generate resources to maintain her household as much as possible, as she is single with three children.

When asked what she likes about Pro Mujer, she answers that she likes the loans and the health initiatives.
View original language description ↓
La A.C. “HORMIGUITAS OBRERAS” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Collpani, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Lourdes es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de camas, venta de cosméticos, venta de pantalones, venta de ropa, venta de calzados, venta de tenis, venta de ollas, venta de CD’s.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Lourdes es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de una asesora que fue a visitarle a su casa. En la actualidad ella tiene un negocio de venta de calzados; mismo que inicia hace años atrás al observar el progreso que tenían sus amigas.

El crédito que ahora sacará es para el aumento de capital (compra de calzados) que adquirirá de los comerciantes por mayor, de la ciudad de El Alto, 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 soltera y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito y el área de salud.

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $29,515,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Hormiguitas Obreras Group's $3,525 loan helped a member to buy footwear.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
May 15, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 18, 2013