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Bolivar Group
In this Group: Clotilde, Carmen, Felipa, Cinthia , Yola , Lidia
The "Bolivar" communal bank will begin its fourth loan cycle with Pro Mujer through the Los Andes regional office. The group is made up of six members and is run by a board of director with Clotilde as the president. The members have different kinds of businesses, including: selling footwear, selling clothing, selling socks, selling tracksuits and selling potatoes.

This loan will benefit the microenterprises in the group presided over by Clotilde. Clotilde tells us that she joined Pro Mujer eight years ago following an invitation from a friend who was already a member. Following advice from her mother-in-law, Clotilde started a business selling footwear and she continues with this same business now.

Clotilde will use this loan to increase her capital, by buying footwear from the big markets in the city of La Paz. Later she will sell on the footwear. This type of work helps Clotilde to earn a living to maintain her household. She has a partner and two children.

When asked what she likes about Pro Mujer, Clotilde responds, saying that she likes the health advice that is provided.
View original language description ↓
La A.C. “BOLIVAR” iniciará el cuarto 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 Clotilde es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de calzados, venta de ropa, venta de medias, venta de busos, venta de papa.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Clotilde es integrante, ella indica que hace ocho 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 venta de calzados; da a conocer que este negocio lo emprendió por consejo de su suegra y en la actualidad sigue con ese rubro.

El crédito que ahora sacará es para el aumento de capital (compra de calzados) que adquirirá de las ferias de la ciudad de La Paz 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 vive en concubinato y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta 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

  • $5,500
    Average annual income
  • 239
    View loans »
    Bolivia Loans Fundraising
  • $31,598,925
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Bolivar Group's $1,750 loan helped a member to buy footwear.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
May 20, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 18, 2013