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Luz Y Vida Group
In this Group: Venancia, Concepción, Victoria , Sara, Wendy Anahi, Ximena, Nieves , Yolanda
The “Luz y Vida” (Light and Life) communal bank will start the ninth cycle in Pro Mujer as part of the Los Andes Focal Center. It has 8 members led by a governing board presided over by Venancia. The communal bank members carry out a variety of businesses among which are: crafts sales, lubricant sales, gutter making, soft-drink sales, clothes sales, upholstery service, shoe-making and ‘salchipapa’ [fried sausages with fried potatoes] sales.

The loan they’ll take out will benefit small micro businesswomen like Venancia. She indicates that she’s been part of Pro Mujer for ten years having joined thanks to an invitation from a girlfriend who is a member of the institution. She currently has a business selling shoes. She relates that she learned this business years ago with help from her husband who manufactures these items.

The loan she’ll take out now is to increase capital. She will buy insoles, leather and supplies from suppliers in the city of La Paz and once they are manufactured will sell them in her sales space. This way of working allows her to generate income to support her home as possible since she’s married and has five children. When asked what she likes about Pro Mujer, she answers that she likes the savings and the credit.
View original language description ↓
La A.C. “LUZ Y VIDA” iniciará el noveno ciclo en Pro Mujer, como parte del Centro Focal de Los Andes, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Venancia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de productos artesanales, venta de lubricantes, taller de canaletas, venta de refrescos, venta de ropa, servicio de tapicería, confección de calzados, venta de salchipapas.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Venancia es integrante, ella indica que hace diez años que integra Pro Mujer, ingresando por invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de calzados; cuenta que este negocio lo aprendió hace varios años atrás con el apoyo de su esposo que elabora estos productos.

El crédito que ahora sacará es para el aumento de capital (compra de plantillas, cuero y enseries) que adquirirá de las empresas distribuidoras de la Ciudad de La Paz 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 cinco hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta los ahorros 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.

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About Bolivia

  • $5,500
    Average annual income
  • 208
    View loans »
    Bolivia Loans Fundraising
  • $31,401,400
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz Y Vida Group's $5,450 loan helped a member to buy insoles, leather and supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 25, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014