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Amistosas De Cascada Group
In this Group: Luisa Emiliana, Loyda, Yola, Celia, Justina Zenobia, Inocencia
The "Amistosas de la Cascada" (Friendly Women of the Cascade) communal bank will start its first cycle with Pro Mujer as part of the Cascade regional office. It is made up of six members and is directed by a board, of which Luisa is the President. The members of the communal bank have a variety of businesses. Among them are selling vegetables, knitting sweaters, weaving blankets, and making polleras (traditional skirts).

The loan that they will receive will benefit small micro-businesswomen. Luisa is one of them. She indicates that this is her first time working with Pro Mujer, joining at the invitation of her friend who is part of the institution. Currently she has a business knitting sweaters. She says that she learned this business on her own initiative. Since she needed to generate resources and knew how to knit, she decided to start this business.

The loan she will now receive is for increasing working capital (buying wool) that she will obtain wholesale from businesses in the city of El Alto. After production she will sell them in her booth. This form of work allows her to generate resources to support her household as much as possible, since she is married and has five children.

When she is asked what she likes about Pro Mujer, she responds that she likes the health center.
View original language description ↓
La A.C. “AMISTOSAS DE LA CASCADA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Cascada, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Luisa es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de verdura, tejido de chompas, trenzado de mantas, costura de polleras.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Luisa es integrante, ella indica que es la primera vez Pro Mujer, ingresando por invitación de su amiga que es parte de la institución. En la actualidad ella tiene un negocio de tejido de chompas; cuenta que este negocio lo aprendió por iniciativa propia, ya que necesitaba generar recursos y conocía la técnica de tejido, decide realizar este negocio.

El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las empresas de la Ciudad de El Alto por mayor 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 cinco 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

  • $2,817
    Average annual income
  • 107
    View loans »
    Bolivia Loans Fundraising
  • $30,294,875
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistosas De Cascada Group's $850 loan helped a member to buy wool.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2013
Listed
May 31, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 18, 2013