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Las Ocho Rositas De Escoma Group
In this Group: Justina, Maria, Mercedes , Reynaldo , Raul , Lidia , Rosa, Victoria
“Las Ocho Rositas de Escoma” [The Eight Little Roses of Escoma] Communal Bank will start its first cycle with Pro Mujer and they are working with the organization’s regional office in Achacachi. The group is comprised of eight members and is headed by a board of directors where Justina is the president. The members of the communal bank are engaged in varied businesses including producing and selling potatoes, producing and selling vegetables, owning a neighborhood store, producing and selling potatoes and potato starch, and selling livestock.

The loan they are requesting will benefit women, such as Justina, who own small businesses. She states that she is new to Pro Mujer and joined at the invitation of a promoter that visited her in her home. Currently, she has a business selling fish and related that she learned it from her partner whose family worked in this trade. Later, they decided to work in the same trade.

The loan she is taking out now is for the repair of tools and the purchase of a fishing net that she will acquire at the city fair in El Alto and later, she will set up it up in her sales space. This type of work allows her to generate income for her household in the best possible way as she is in a common-law marriage and has five children. When she was asked what she liked about Pro Mujer, she responded that she liked the training in health and loans.
View original language description ↓
La A.C. “LAS OCHO ROSITAS DE ESCOMA” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Achacachi, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Justina 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 Justina es integrante, ella indica que es la primera vez 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 venta de pescado; da a conocer que este negocio lo aprendió de su pareja, ya que la familia de él trabajaba en este rubro, posteriormente decidieron trabajar con el mismo oficio.

El crédito que ahora sacará es para la renovación de herramientas (compra de red de pesca) que adquirirá de las ferias de la ciudad de El Alto y posteriormente a la lo instalará 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 unión libre y tiene cinco hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en salud y crédito.

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.

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About Bolivia

  • $2,817
    Average annual income
  • 88
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Ocho Rositas De Escoma Group's $2,800 loan helped a member to purchase a fishing net.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
May 31, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013