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Amazonas De Huayna Potosi Ii Group
In this Group: Virginia Justiniana, Amalia, Maria , Delmira, Martha Virginia, Maria Rosario, Claudia Marisol, Lidia, Maria Claudia
The “Amazonas de Huayna Potosi II” Community Bank is beginning their seventh loan cycle with “Pro Women”, the central focus of German Busch. The group is made up of nine members and is run buy a board of directors, whose president is Virginia. The members have various types of businesses. Among these businesses are making blankets, selling shoes, selling shampoo, selling cell phone accessories, selling clothes, knotting blankets and selling hardware. The loans will benefit small businesses, such as the one run by Virginia. She has been a member of Pro Woman for the past three years. She was invited to be a member by a friend that is also a member. She has a business weaving macramé blankets. She learned how to do this as a child. From that time forward she has been in this business that has generated income.The loan that she is requesting will be used to buy more supplies (such as wool), which she buys at the neighborhood markets. She sells her work at a booth in the market. This work allows her to earn resources to be used to maintain her home, as she is married with two children.
When she was asked why she likes “Pro Woman”, she answered that she likes the ability to get loans and to be healthy.
View original language description ↓
La A.C. “AMAZONAS DE HUAYNA POTOSI II” iniciará el séptimo ciclo en Pro Mujer, como parte del Centro Focal de German Busch, está compuesta por nueve integrantes y está dirigida por una mesa directiva donde la señora Virginia es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: trenzado de mantas, venta de zapatos, venta de champoo, venta de accesorios de celulares, venta de ropa, macramé de mantas, venta de ferretería.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Virginia es integrante, ella indica que hace tres años que integra Pro Mujer, ingresando por la invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de tejido de mantas a macramé; da a conocer que esta técnica la aprendió desde niña y desde esa fecha emprendió este negocio que le genera remuneración.

El crédito que ahora sacará es para el aumento de su mercadería (compra de lana) que adquirirá de las ferias aledañas 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 casada y tiene dos hijos.

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

Tags

About Bolivia

  • $5,500
    Average annual income
  • 182
    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 Amazonas De Huayna Potosi Ii Group's $3,800 loan helped a member to buy wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2013
Listed
Jul 26, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014