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Torre Fuerte Group
In this Group: Victoria Mercedes, Yhoselin, Andrea, Blanca Patricia, Maria Isabel, Guadalupe Jhenny, Cinthia, Veronica Ruth , Janneth Esperanza
The “Torre Fuerte” (Strong Tower) communal bank will start the 22nd cycle in Pro Mujer as part of the Los Andes Focal Center. It has nine members led by a governing board presided over by Victoria. The communal bank members are in a variety of businesses among which are: food sales, clothing sales, dental clinic and shoe sales.

The loan they’ll take out will benefit small micro businesswomen like Victoria. She states that she’s been a member of Pro Mujer for three years having joined thanks to an invitation from a girlfriend who is a member of the institution. She currently has a business selling shoes and lets it be known that she started it with her husband’s support.

The loan she’ll take out now is to increase capital. She will buy leather at wholesale in stores in La Paz and after manufacture will sell in her sales space. This way of working allows her to generate income to support her home since she’s married and has three children. When asked what she likes about Pro Mujer, she answers that she likes the health area.
View original language description ↓
La A.C. “TORRE FUERTE” iniciará el vigésimo segundo ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Victoria es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de comida, venta de ropa, consultorio dental, venta de zapatos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Victoria es integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por la invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de zapatos; da a conocer que este negocio lo emprendió con el apoyo de su esposo.

El crédito que ahora sacará es para el aumento de capital (compra de cuero) que adquirirá, por mayor, de las tiendas de la Ciudad de La Paz y posteriormente al 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 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
  • 80
    View loans »
    Bolivia Loans Fundraising
  • $28,645,575
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Torre Fuerte Group's $6,025 loan helped a member to buy leather.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013