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Renacer Group
In this Group: Vilma, Paulina , Victoria , Maria , Carmen Rosa , Roxana, Lizeth, Hugo, Lucia Otilia, Virginia, Sonia
Renacer Communal Bank will begin it first loan cycle with Pro Mujer as part of the Copacabana Regional Office. It's made up of 11 members and is governed by a board of directors of which Vilma is the president. The bank members carry out a variety of businesses, including clothing sales, cattle sales, milk sales, and a bakery.

The loan they're getting will benefit small business entrepreneurs like Vilma. She says it's the first time she has been a member of Pro Mujer, having joined on the invitation of a loan officer who visited her at home. Currently she has a dairy business. She says she started this business on her parents' initiative several years ago and currently continues working in this line of work.

The loan she's currently getting is to increase her capital by buying heifers, which she'll get from the markets in a nearby community and later raise in her stable. This form of work allows her to generate resources to support her household to the extent possible, because she lives in a common-law marriage and has one child.

When asked what she likes about Pro Mujer she says the training.
View original language description ↓
La A.C. “RENACER” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Copacabana, está compuesta por once integrantes y está dirigida por una mesa directiva donde la señora Vilma es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de ropa, venta de ganado vacuno, venta de leche, panadería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Vilma es integrante, ella indica que es la primera vez que integra Pro Mujer, ingresando por invitación de un promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de lechería; da a conocer que este negocio lo emprendió por iniciativa de sus padres, hace varios años, y en la actualidad sigue trabajando en este rubro.

El crédito que ahora sacará es para el aumento de capital (compra de vaquillas) que adquirirá de las ferias de la de las comunidades aledañas y posteriormente lo criará en su establo. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella vive en unión libre y tiene un hijo.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta la capacitación.

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
  • 110
    View loans »
    Bolivia Loans Fundraising
  • $28,248,925
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $4,800 loan helped a member to buy heifers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014