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Picaflor Ii Group
In this Group: Jenny Judith, Bertha Francisca, Eulalia, Rosmery, Lucy, Francisca , Modesta, Angela Tatiana
The communal bank "Picaflor II" is entering its fourth loan cycle with Pro Mujer. They are working with one of the organization's regional offices in Villa Exaltación. The group is made up of eight members and is headed by a Board of Directors. Angela is the Secretary of the Board. The members of the communal bank run a variety of businesses, including cosmetics sales, recycling, sales of Avon products, food sales, sales of sundry items, vegetable sales, flower sales and sales of lamb.

The loan that they will take out will benefit small micro-businesses where Angela is a member. She says that this is her second loan cycle with Pro Mujer. She joined the group at the invitation of a consultant from the institution, who came to visit her at home. Currently, Angela has a hairdressing business. She learned this line of work at a technical school and later decided to open her independent business.

The loan that she is taking out is to increase her working capital (to buy combs, hairdryers, etc.) which she will acquire at fairs in the city of El Alto and later set up in her place of business. This type of work allows her to generate resources to support her household as far as possible, since she is single and has two children.

When asked what she liked about Pro Mujer, she replied that she liked the medical consultations, the savings, the training, and the loans.

The daughter of a woman also appears in the photo of the group. She is wearing a black jacket.
View original language description ↓
La A.C. “PICAFLOR II” iniciará el cuarto ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Ángela es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de cosméticos, reciclaje, venta de productos AVON, venta de comida, venta de artículos varios, venta de verduras, venta de flores, venta de cordero.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Ángela es integrante, ella indica que hace un ciclo que integra Pro Mujer, ingresando por invitación de una asesora de la institución que fue a su casa a visitarla. En la actualidad ella tiene un negocio de peluquería; este negocio lo aprendió en un instituto técnico y posteriormente decidió instalar su negocio independiente.

El crédito que ahora sacará es para el aumento de capital (compra de cepillos, secadora, etc.) que adquirirá de las ferias de la ciudad de El Alto y posteriormente lo instalará en su espacio de atención. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es soltera y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las consultas médicas y los ahorros, las capacitaciones y el crédito.

Al grupo acompaña la hija de una señora, ella esta vestida con un chaleco negro

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
  • 80
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD
Expired
A portion of Picaflor Ii Group's $4,250 loan helped a member to buy combs, hair dryers, etc.
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
Covered
Expired:
Jul 6, 2013