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2 De Julio Group
In this Group: Angelica Maria , Elsa, Victoria Teodora, Monica , Victoria, Olga , Florentina , Juana, Rosa, Sandra , Martha
The communal bank “2 de julio” will begin its seventh loan cycle with Pro Mujer, as part of Centro Focal de Panamericana. The group comprises 11 members, and its board president is Angélica. The members' businesses include selling clothing, shoes, chickens, oil, general merchandise, onions, and tomatoes and weaving and selling jerseys.

This loan will benefit micro businesses such as Angélica's. She has been a member of Pro Mujer for three years. She joined at the invitation of her cousin, who is a partner of the institution. She sells clothing, a business she started on an aunt's recommendation, and she has been engaged in this work for six years.

She will use this loan to buy wholesale clothing at fairs to later sell in her shop. This work allows her to support her family; she is married and has three children. When asked what she likes most about Pro Mujer, she mentioned the health facility.
View original language description ↓
La A.C. “2 DE JULIO” iniciará el séptimo ciclo en Pro Mujer, como parte del Centro Focal de Panamericana, está compuesta por once integrantes y está dirigida por una mesa directiva donde la señora Angélica es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de chompas, venta de ropa, venta de zapatos, venta de pollos, venta de aceite, tejido de chompas, venta de artículos en general, venta de cebollas y tomates.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Angélica es integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por la invitación de una prima que es socia de la institución. En la actualidad ella tiene un negocio de venta de ropa; da a conocer que este negocio lo emprendió por recomendación de una tía y desde hace seis años trabaja en este rubro.

El crédito que ahora sacará es para el aumento de capital (compra ropa) que adquirirá de las ferias, por mayor, y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener a su familia, ya que es casada y tiene tres hijos.

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
  • 90
    View loans »
    Bolivia Loans Fundraising
  • $28,715,675
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of 2 De Julio Group's $3,775 loan helped a member to buy clothing.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014