Check out some available loans that are similar to this one!
Virgen Del Socavon Group
In this Group: Rosa, Margarita, Felipa Eleuteria, Ana Daniela, Elizabeth, Reyna , Concepción, Rosario
The “Virgen del Socabon” communal bank is starting its fifteenth cycle with Pro Mujer as part of the Senkata Regional Office. The group has 8 members and is governed by a board of directors of which Rosa is the president. The members' businesses are varied and include: weaving, a corner store, meat sales, grocery sales, pop sales, food sales, a gift shop, and cake sales.
This loan will benefit these small businesses. Rosa tells us that she joined Pro Mujer seven years ago at the invitation of a friend who is also a member. She currently has a book and stationery store. She says that she learned this business several years ago at her husband's advising.
This loan is for an increase in capital (the purchase of school supplies and stuffed animals). She will acquire these products from the markets of El Alto City and sell them in her store. This work allows her to generate an income to support her household where possible. She is married,
When asked what she likes about Pro Mujer, she responded that she likes the training on the subjects of loans and health.
View original language description ↓
La A.C. “VIRGEN DEL SOCABON” iniciará el décimo quinto ciclo en Pro Mujer, como parte del Centro Focal de Senkata, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Rosa es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de tejidos, tienda de barrio, venta de carne, venta de abarrotes, venta de refrescos, venta de comida, tienda de regalos, venta de pasteles.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Rosa es integrante, ella indica que hace siete 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 librería - bazar; da a conocer que este negocio lo aprendió hace varios años por concejo de su esposo.

El crédito que ahora sacará es para el aumento de capital (compra de material escolar y peluches) que adquirirá de las ferias de la Ciudad de El Alto y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para apoyar en lo posible a su hogar pues ella es casada.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en crédito y 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
  • 73
    View loans »
    Bolivia Loans Fundraising
  • $28,639,275
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Socavon Group's $4,825 loan helped a member to buy school supplies and stuffed animals.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014