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Kantutas De Los Andes Group
In this Group: Francisca Claudia, Teresa Hortencia, Wilma, Wilma, Elena Lidia, Corina, Marcelina , Nora Hortencia
The communal bank "Kantuta De Los Andes" will begin its twentieth cycle with Pro Mujer as part of the Centro Focal de los Andes [Local Center of the Andes]. The group is made up of eight members and is led by a committee of directors; Francisca is the president. The businesses that the members of the communal bank are involved in are varied and include: weaving blankets, neighborhood stores, incense, natural medicine sales, canned food sales, carpentry workshop, and weaving sweaters. The loan that they take out will benefit these small micro-businesses.

Francisca is a member of this group. She says that she has been part of Pro Mujer for thirty years, joining through the invitation of one of the institution's promoters, who visited her at her house. Presently, she has a business selling food. She says that she learned this business through the experiences she had working in other places.

The loan that she will take out today is to grow her capital (rice, noodles, etc.). She will acquire these items at stores, wholesale, and will later make the items and sell them in her stall. This form of work allow her to generate revenue in order to maintain her home. She is married and has seven children.

When asked what she likes about Pro Mujer, she responds that she likes the savings.

One of the member's daughters is also in the photo; she is standing in the door.
View original language description ↓
La A.C. “KANTUTA DE LOS ANDES” iniciará el vigésimo ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Francisca es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tejido de mantas, tienda de barrio, saumerío, venta de medicina natural, venta de conservas, taller de carpintería, tejido de chompas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Francisca es integrante, ella indica que hace treinta años que integra Pro Mujer, ingresando por la invitación de una promotora de la institución que la visito en su casa. En la actualidad ella tiene un negocio de venta de comida; da a conocer que este negocio lo emprendió por la experiencia que tenía en trabajar en otros lugares.

El crédito que ahora sacará es para el aumento de capital (compra arroz, fideo, etc.) que adquirirá de las tiendas, 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 siete hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los ahorros.

Al grupo acompaña la hija de una de las socias ella esta ubicada en la puerta

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.

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About Bolivia

  • $5,500
    Average annual income
  • 180
    View loans »
    Bolivia Loans Fundraising
  • $30,838,375
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kantutas De Los Andes Group's $2,975 loan helped a member to buy rice, noodles, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013