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La Primera Group
In this Group: Hilda, Tania, Salome , Silvia , Marina, Delia, Juana , Angelica, Felipa
The “LA PRIMERA” (The First) community bank will begin its sixteenth cycle with Pro Mujer, as part of the Senkata Regional Office. It is made up of nine members and is managed by a board of which Hilda is the President. The businesses that the members of the group operate are varied and include: sewing, sale of traditional woven ornaments for braids, neighborhood store, clothing sales, candy sales, linen sales, raising and sale of animals, shampoo sales, and beverage sales.

The loan that they are requesting will benefit small business owners, including Hilda. She indicates that ten years ago, she joined Pro Mujer at the invitation of a friend who is also a member of the organization. Currently, she has a business sewing and selling clothing. She learned this trade through her own initiative many years ago.

The loan she is requesting is to increase her capital (to purchase fabric) which she will acquire wholesale in the city of La Paz and then make and sell (her clothing) in her store. This form of work allows her to generate resources to maintain her family since she is a widow and has five children.

When she was asked what she likes about Pro Mujer, she responded that she appreciates the trainings, the loans, and the health benefits.
View original language description ↓
La A.C. “LA PRIMERA” iniciará el décimo sexto ciclo en Pro Mujer, como parte del Centro Focal de Senkata, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Hilda es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: costura, venta de tullmas, tienda de barrio, venta de ropa, venta de dulces, venta de sábanas, cría y venta de animales, venta de shampoo, venta de refrescos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Hilda es integrante, ella indica que hace diez 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 costura y venta de ropa; da a conocer que este negocio lo emprendió por iniciativa propia hace años.

El crédito que ahora sacará es para el aumento de capital (compra de tela) que adquirirá de las tiendas mayoristas de la ciudad de La Paz y posteriormente a la elaboración lo comercializará en su puesto fijo. Esta forma de trabajo le permite generar recursos para mantener a su familia ya que ella es viuda y tiene cinco hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones, el crédito y 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
  • 135
    View loans »
    Bolivia Loans Fundraising
  • $29,671,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of La Primera Group's $3,100 loan helped a member to purchase fabric.
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:
Feb 17, 2014