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Kantutas Blancas Group
In this Group: Rosa, Aida , Leonarda Florencia , Juana, Valeria, Celia, Berta Elizabeth, Simona
The Kantutas Blancas community bank is starting their fourth loan cycle with Pro Mujer as part of the Cascada regional center. The group is made up of eight members and directed by a board where Rosa is the president. The members' businesses are varied and include commercial stores, milk sales, and a bookstore.

Loans like this benefit small business owners like Rosa. She says that she has done four loan cycles with Pro Mujer. She joined at the invitation of a promoter of the institution that came to visit her at home. Currently she has a business selling milk. She inherited this business from her parents many years ago since it is a family business.

She is requesting this loan now for working capital to purchase a cow. She will acquire it in neighboring towns and later raise it and sell the milk in her community. The type of work allows her to generate income to support her household since she lives in a common-law marriage and has three children.

When asked what she likes about Pro Mujer, she says that she likes the savings.
View original language description ↓
La A.C. “KANTUTAS BLANCAS” iniciará el cuarto ciclo en Pro Mujer, como parte del Centro Focal de Cascada, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Rosa es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: tienda comercial, venta de leche, librería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Rosa es integrante, ella indica que hace cuatro ciclos que integra Pro Mujer, ingresando por invitación de una promotora de la institución que fue a visitarle a su casa. En la actualidad ella tiene un negocio de venta de leche; cuenta que este negocio lo heredo de sus padres hace varios años, ya que es un negocio familiar.

El crédito que ahora sacará es para el aumento de capital (compra de vaca) que adquirirá de las comunidades aledañas y posteriormente a la crianza, comercializará la leche en su comunidad. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella vive en unión libre y tiene tres hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta el ahorro.

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
  • 165
    View loans »
    Bolivia Loans Fundraising
  • $30,747,725
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Kantutas Blancas Group's $1,225 loan helped a member to purchase a cow.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013