Check out some available loans that are similar to this one!
El Prado Group
In this Group: Maria Eugenia, Juana Benita, Salome, Beatriz Aurelia , Lidia , Felisa
The community bank “El Prado” will begin its first cycle in “Pro Mujer” (For women) as part of “Centro Focal de Los Andes” (Focal Center of the Andes). It is made up of 6 members and is governed by a board of directors where Maria Eugenia is the President. The businesses that the members of the community bank have are various and include: food sale, sale of baby clothes, sale of clothing, sale of cheese. The loan they are requesting will benefit small micro-enterprises where Maria Eugenia is a member. She says that it is the first time that she is a member of “Pro Mujer.” She joined through an invitation from a promoter of the institution that went to her home.

Currently, she has a business creating clothing (sewing and knitting). She started this business when she came from Brazil with the desire to have her own business.

The loan that she will take out is to increase capital (purchase fabric) that she buys from the wholesale distributors and will create and sell in her store. This form of work allows her to generate income to maintain household expenses. She has a civil union and two children.

When she is asked what she likes about “Pro Mujer”, she responds that she likes the savings that she can generate.
View original language description ↓
La A.C. “EL PRADO” iniciará el primer 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 María Eugenia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de comida, venta de mantillas, venta de ropa, venta de queso.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora María Eugenia es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por la invitación de una promotora de la institución que fue a su casa. En la actualidad ella tiene un negocio de elaboración prendas de vestir (costura y tejido); da a conocer que este negocio lo emprendió cuando llego de Brasil, con el deseo de tener su propio negocio.

El crédito que ahora sacará es para el aumento de capital (compra de tela) que adquirirá de las distribuidoras 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 viven en unión libre y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro que se genera.

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
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,673,075
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of El Prado Group's $1,125 loan helped a member to purchase fabric.
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