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1 De Abril Group
In this Group: Valeria , Edelma, Martha , Aurora , Julia Regina , Eda Veronica , Wilma , Juan Marcelo, Leticia, Maribel , Justina , Raquel Esther
The community bank “1 de Abril” is starting its tenth loan cycle with Pro Mujer, through its regional office Panamericana. The group is comprised of twelve members and is overseen by a board of directors, of which Valeria is the president. The members are engaged in various business, such as:

- Sewing and knitting of jackets, gloves and blankets

- Making decorative flags

- Furniture making

- Ice cream making

- The sale of fruits, clothing, aprons and stationary

This loan will benefit these small business owners, one of whom is Valeria. She reports that she joined Pro Mujer three years ago at the invitation of a friend who is a member of the institution. Currently she has a sewing business. It is worth noting that she learned this business with the help of her children, who purchased the equipment for her.

She will use the loan proceeds to purchase cloth, which she will obtain at markets at wholesale prices. She will then sell her finished goods from her place of business. This will enable her to generate income to support her household to the best of her ability. She is married and has five children.

When asked what she likes about Pro Mujer, she responded that she appreciates the commitment of her friends in the group.
View original language description ↓
La A.C. “1 DE ABRIL” iniciará el décimo cuarto ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por doce integrantes y está dirigida por una mesa directiva donde la señora Valeria es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de ropa, fábrica de helado, tejido de guantes, elaboración de muebles, bordado de estandartes, venta de fruta, costura de chamarras, tejido de mantas, venta de material de escritorio, venta de mandiles, carpintería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Valeria es integrante, ella indica que hace tres 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 taller de bordado; da a conocer que este negocio lo emprendió con la ayuda de sus hijos, quienes le compraron el equipo.

El crédito que ahora sacará es para el aumento de capital (compra tela) que adquirirá de las ferias, 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 es casada y tiene cinco hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el compromiso con las amigas.

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
  • 110
    View loans »
    Bolivia Loans Fundraising
  • $29,137,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 1 De Abril Group's $5,350 loan helped a member to purchase cloth.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
Jun 5, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014