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Palomitas Group
In this Group: Flora, Rufina , Sarah Joselyn, Judith, Damaris, Beatriz, Silvia Luzvid
The “Palomitas” (Little Doves) communal bank will start the first cycle in Pro Mujer as part of the Villa Exaltación Focal Center. It has 7 members led by a governing board presided over by Flora. The members of the communal bank carry out a variety of businesses: blanket weaving, neighborhood store, fruit sales, assorted goods sales, macramé blankets, sweater knitting and ‘salchipapas’ [fried sausage with fried potatoes] sales.

The loan they will take out will benefit small micro businesswomen like Flora who indicates that she’s been part of Pro Mujer for two cycles having joined thanks to an invitation from one of the institution’s advisors that came to visit her at home. She currently has a business selling meat. She started it thanks to instruction from her sister-in-law and using her savings.

The loan she’ll take out now is to increase capital. She will buy meat in the city of El Alto’s street markets and then sell it in her sales space. This way of working allows her to generate income to support her home as possible since she has a common law spouse and two children. When asked what she likes about Pro Mujer, she answers that she likes the credit, the training and the health services.
View original language description ↓
La A.C. “PALOMITAS” iniciará el primer ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por siete integrantes y está dirigida por una mesa directiva donde la señora Flora es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: trenzado de mantas, tienda de barrio, venta de fruta, venta de artículos varios, macramé de mantas, tejido de chompas, venta de salchipapas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Flora es integrante, ella indica que hace dos ciclos 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 carne; este negocio lo emprendió por enseñanza de su cuñada y que para emprender el negocio utilizando los ahorros.

El crédito que ahora sacará es para el aumento de capital (compra de carne) que adquirirá de las ferias 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 vive en concubinato y tiene dos hijos.

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

  • $2,817
    Average annual income
  • 80
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Palomitas Group's $1,975 loan helped a member to buy meat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014