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Flor De Selva Group
In this Group: Delia Vilma, Jane Virginia, Elena Eusebia , Betty Placida, Leonarda Esperanza, Evelina Rossemary , Virginia , Sonia
The “Flor de Selva” (Jungle Flower) communal bank will start the second cycle in Pro Mujer as part of the Villa Exaltación Focal Center. It has 8 members led by a governing board presided over by Delia. The communal bank members are in a variety of businesses among which are: skirt sewing, fruit sales, book binding and food sales.

The loan they’ll take out will benefit small micro businesswomen like Delia. She indicates that she’s been in Pro Mujer for a year and a half having joined thanks to an invitation from one of the institution’s advisers that came to visit her at home. She currently has a business selling fruit, a business she started on her mother’s initiative since she helped her sell said product. Later on she decided to start her own business.

The loan she’ll take out is to increase capital. She will buy fruit from wholesalers in the city of El Alto and then resell it in her sales space. This way of working allows her to generate income to support her home since she’s single and has two children. When asked what she likes about Pro Mujer, she answers that she likes the credit and sharing with her fellow members.
View original language description ↓
La A.C. “FLOR DE SELVA” iniciará el segundo 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 Delia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: costura de polleras, comerciante de frutas, encuadernación, venta de comida.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Delia es integrante, ella indica que hace un año y medio 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 venta de fruta; este negocio lo emprendió por iniciativa de su madre, ya que le ayudaba en la comercialización de este producto, posteriormente decide establecer un negocio independiente.

El crédito que ahora sacará es para el aumento de capital (compra de fruta) que adquirirá de las vendedoras mayoristas de la ciudad de El Alto y posteriormente lo comercializará en su espacio de venta. 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 el crédito y el compartimiento con sus compañeras.

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.

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About Bolivia

  • $2,817
    Average annual income
  • 85
    View loans »
    Bolivia Loans Fundraising
  • $28,702,525
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Selva Group's $5,425 loan helped a member to buy fruit.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 19, 2014