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Vicuñitas De Mercedes Group
In this Group: Martha, Flora, Norma Lizeth, Rosa, Germana , Virginia Mercedes, Pamela Jheselin , Lidia , Martha
The community association "Mercedes' little vicuñas" will initiate its seventh cycle with the organization Pro Mujer, as part of the Waterfall Focal Point project. The group is composed of 9 members and is led by a board of directors, with Martha serving as the president. The businesses belonging to the members of the community association are diverse and among them there are: braiding rugs, the sale of beds, the sale of rugs, the sale of sweaters, the sale of sausage, the sale of vicuña wool rugs, the sale of fruit, and the sale of tennis shoes.

The requested loan will benefit these small microenterprises, including Martha's, who is a member. She told us that she joined Pro Mujer 5 years ago after being invited by a friend who is a member of the institution. Today she has a business selling rugs. She told us that she started this business over 20 years ago when she learned the skill of weaving.

The loan she is seeking today will be used to increase her capital (by buying wool) through acquisitions from businesses primarily in the city of El Alto and later through the creation and sale of items for her salesroom. This type of work allows her to generate earnings to maintain her home as much as possible. In addition, she is married and has three children.

When we asked her what she likes about Pro Mujer she responded that she likes the trainings, the loans, and the health services.
View original language description ↓
La A.C. “VICUÑITAS DE MERCEDES” iniciará el séptimo ciclo en Pro Mujer, como parte del Centro Focal de Cascada, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Martha es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: trenzado de mantas, venta de camas, venta de mantas, venta de chompas, venta de chicharron, venta de mantas de vicuña, venta de fruta, venta de tenis.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Martha es integrante, ella indica que hace cinco años que integra Pro Mujer, ingresando por invitación de su amiga que es parte de la institución. En la actualidad ella tiene un negocio de venta de mantas; cuenta que este negocio lo aprendió hace veinte años atrás al prender la técnica de tejido.

El crédito que ahora sacará es para el aumento de capital (compra de lana) que adquirirá de las empresas de la Ciudad de El Alto por mayor y posteriormente a la 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 ella es casada y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones, el crédito y 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

  • $5,500
    Average annual income
  • 185
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Vicuñitas De Mercedes Group's $3,725 loan helped a member to buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014