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Ma Chuymaqui Group
In this Group: Norah, Sonia , Carmen, Claudia Hely, Catalina, Juliana Marlene, Monica Lizet, Graciela, Liseth Sofia , Soledad
The “Ma Chuymaqui” communal bank will start its fourth cycle in Pro Mujer as part of the Alto Lima Focal Center. It has 10 members led by a governing board with Soledad as its Secretary. The communal bank members carry out a variety of businesses among which are a beauty salon, making and selling flannel clothes, macramé blanket weaving, liquor store, stocking sales, chicken shop and catalog cosmetics sales.

The loan they’ll take out will benefit small micro businesswomen like Soledad. She indicates that she’s been in Pro Mujer for two years having joined thanks to an invitation by a family member who is a member of the institution. She currently has a business making and selling flannel clothes. She learned this business from her sister who is in the same line of work. With help from her mother she set up her own sales space four years ago.

The loan she’ll take out now is to increase capital. She will buy fabric and a sewing machine in street markets in El Alto and after making them will sell them in her sales space. This way of working makes it possible for her to generate income to support her family in any way possible since she’s single but still living with her mother. When asked what she likes about Pro Mujer, she answers the training and the group meetings.
View original language description ↓
La A.C. “MA CHUYMAQUI” iniciará el cuarto ciclo en Pro Mujer, como parte del Centro Focal de Alto Lima, está compuesta por diez integrantes y está dirigida por una mesa directiva donde la señora Soledad es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: salón de peinados, costura y venta de ropa polar, tejido de manta en macramé, licorería, venta de medias, pollería, venta de cosméticos por catálogos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Soledad es integrante, ella indica que es hace dos años que integra Pro Mujer, ingresando por invitación de un familiar que es socia de la institución. En la actualidad ella tiene un negocio de costura y venta de ropa en polar; este negocio lo aprendió de su hermana que tiene el mismo rubro, con la ayuda de su madre instaló su propio espacio de venta hace cuatro años.

El crédito que ahora sacará es para el aumento de capital (compra de telas y máquina) que adquirirá de las ferias de la ciudad de El Alto 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 soltera, pero aún vive con su madre.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el crédito, las capacitaciones y reuniones con el grupo.

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
  • 228
    View loans »
    Bolivia Loans Fundraising
  • $31,614,775
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Ma Chuymaqui Group's $5,200 loan helped a member to buy fabric and a sewing machine.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
May 31, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014