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San Francisco Group
In this Group: Eva, Reynalda , Fabiola, Arminda, Lourdes , Fausta, Virginia, Rosmery
The communal bank San Francisco will start the first cycle at Pro Mujer as part of Centro Focal de Panamericana. It is composed of eight members and is led by a board of which Eva is the president. The communal bank's businesses are varied and include: tool sales, crafts, clothing sales, production of plastic folders, and weaving traditional blankets.

The loan requested will benefit the small businesses where Eva is a member. It is her first time joining Pro Mujer, which she does through an invitation from a promoter of the institution that visited her at home. Currently, she has a business selling construction tools, which she undertook on the recommendation of a friend; she has now been doing it for eight years.
 
The loan requested is to increase capital (purchase construction tools), that she will acquire from distribution companies and then sell in her space. This way of working allows her to generate resources to support her studies because she is single.

When asked what she likes about Pro Mujer, she says that she likes the health area.
View original language description ↓
La A.C. “SAN FRANCISCO” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Eva es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de herramientas, artesanía, venta de ropa, producción de folders de plástico, tejido de awayos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Eva es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por la invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de venta de herramientas de construcción; da a conocer que este negocio lo emprendió por recomendación de una amiga y está trabajando en el mismo hace ocho años.

El crédito que ahora sacará es para el aumento de capital (compra herramientas de construcción) que adquirirá de las empresas distribuidoras y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener sus estudios pues ella es soltera.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el área de salud.

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
  • 79
    View loans »
    Bolivia Loans Fundraising
  • $29,479,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of San Francisco Group's $3,075 loan helped a member to buy construction tools.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2013
Listed
Jun 14, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013