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Divinas Fortalezas Group
In this Group: Cristina, Elvira, Elizabeth, Maria Elizabet, Petrona, Tatiana
The “Divinas Fortalezas” (Divine Fortresses) communal bank will start the third cycle in Pro Mujer as part of the Los Andes Focal Center. It consists of six members led by a governing board presided over by Cristina. The members of the communal bank carry out a variety of businesses among which are: jacket sewing, Internet access, blended drink sales and butcher shop.

The loan they’ll take out will benefit small micro businesswomen like Cristina. She indicates that she’s been part of Pro Mujer for four years having joined thanks to an invitation from one of e institution’s promoters that visited her at home. She currently has a business selling jackets and she relates that she learned this business several years ago on her husband’s initiative; he’d been in this line of work since he was an adolescent. Currently they both work in the shop.

The loan she’ll take out now is to increase capital. She will buy fabric at wholesale from supply stores in the city of El Alto and after manufacturing them will sell them in her sales space. This way of working allows her to earn income to support her home as well as possible since she’s married and has two children. When asked what she likes about Pro Mujer, she answers that she likes the training and the credit.
View original language description ↓
La A.C. “DIVINAS FORTALEZAS” iniciará el tercer ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por seis integrantes y está dirigida por una mesa directiva donde la señora Cristina es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: costura de chamarras, atención de internet, venta de batidos y carnicería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Cristina es integrante, ella indica que hace cuatro años 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 chamarras; cuenta que este negocio lo aprendió hace varios años atrás por iniciativa de su esposo que trabajo en este rubro desde adolescente, en la actualidad ambos trabajan en el taller.

El crédito que ahora sacará es para el aumento de capital (compra de telas) que adquirirá de las tiendas distribuidoras 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 dos hijos.

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

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
  • 237
    View loans »
    Bolivia Loans Fundraising
  • $31,587,350
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Divinas Fortalezas Group's $1,750 loan helped a member to buy fabric.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2013
Listed
Jul 25, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014