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Generación 2006 Group
In this Group: Luisa , Maria Isabel, Jhakelyn Carol , Martha , Wendy Andrea, Jhosselin Daniela, Luisa , Margarita
The communal bank "Generación 2006" is entering its eleventh 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. Luisa is the President of the Board. The members of the communal bank run a variety of businesses, including clothing sales, trouser sales, a grocery store, sales of powdered dyes, cosmetics sales, sales of sundry items, and wood carving.

The loan that they will take out will benefit small micro-businesses where Luisa is a member. She says that this is her eighth loan cycle with Pro Mujer. She joined the group at the invitation of a consultant from the institution, who came to visit her at her home. Currently, Luisa has a business running a neighbourhood convenience store. She began this business when she saw what was needed in her area.

The loan that she is taking out is to increase her stock (to buy rice, sugar, oil, 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 best as she can, since she is single and has three children.

When asked what she liked about Pro Mujer, she replied that she liked the training and the loans.
View original language description ↓
La A.C. “GENERACIÓN 2006” iniciará el décimo primer 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 Luisa es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: vendedora de ropa, venta de pantalones, tienda de abarrotes, comercio de añelina, venta de cosméticos, venta de varios, tallado en madera.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Luisa es integrante, ella indica que hace ocho años 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 tienda de barrio; este negocio lo instaló al observar las necesidades que tenía en su zona.

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

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

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
  • 96
    View loans »
    Bolivia Loans Fundraising
  • $28,867,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Generación 2006 Group's $4,900 loan helped a member to buy rice, sugar, oil, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014