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Esmeralda I Group
In this Group: Francisca , Damiana, Abigail Giovanna, Jhannet Yolanda, Monica Marcelina , Maria Rosa , Tatiana Roxana, Angélica , Martha, Angelica Ledy , Margarita
The “ESMERALDA I” communal bank will begin its nineteenth cycle in Pro Mujer as a part of the Alto Lima center. It is made up of eleven members and is led by a board of directors, of which Jhannet is the secretary. The businesses that the members of the bank have are varied. They include: selling grains, making pants, running a public bathroom, selling baby's clothing, carpentry, macrame blankets, knitting hats, selling gifts.

The loan they will take out will benefit these small businesswomen, one of which is Jhannet. She says that she has been in Pro Mujer for six years. She joined at the invitation of a friend who is a member of the institution. Right now, she has a business selling jewelry. She learned this business from her aunt, whom she used to accompany to the fairs in Peru and Bolivia.

The loan she will take out now is to increase her capital by buying jewelry materials she will acquire at the markets in the city of El Alto and after making them she will sell them in her sales space. This type of work allows her to generate income to support her home as best she can, because she still lives with her mother.

When asked what she likes about Pro Mujer, she answers that she likes the low interest rates and the training.
View original language description ↓
La A.C. “ESMERALDA I” iniciará el décimo noveno ciclo en Pro Mujer, como parte del Centro Focal de Alto Lima, está compuesta por once integrantes y está dirigida por una mesa directiva donde la señora Jhannet es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de cereales, confección de pantalones, servicio de baño público, venta de ropa de bebe, carpintería, macramé de mantas, tejido de gorros, venta de regalos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Jhannet es integrante, ella indica que es hace seis años que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de joyas; este negocio lo aprendió de su tía a la que acompañaba a las ferias de Perú y Bolivia.

El crédito que ahora sacará es para el aumento de capital (compra de joyas) 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 interés bajo y las capacitaciones.

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
  • 81
    View loans »
    Bolivia Loans Fundraising
  • $29,393,900
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A portion of Esmeralda I Group's $4,100 loan helped a member to buy jewelry.
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
Jun 5, 2013
Currency Exchange Loss:
Covered
Expired:
Jul 5, 2013